How Trump Administration's Tariffs Will Hurt Bourbon

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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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