How Trump Administration's Tariffs Will Hurt Bourbon


As we've covered before, the recent tariffs are expected to impact beer cans and drive up the price of beer. According to the Spirits Business, bourbon will also be impacted:

Yesterday (31 May), Trump made the decision not to exempt the EU, Mexico and Canada from tariffs of 25% for steel and 10% for aluminum.

In March, the White House announced a temporary exemption for the EU and six other countries – Argentina, Australia, Brazil, Canada, Mexico and South Korea, which came into effect on 23 March. The temporary exemption lasted until 1 May.

EU officials had previously suggested that retaliatory measures could affect agricultural products from the US, including American whiskey...

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