Tariffs hit American whiskey producers hard in Europe
Story Date: 6/23/2020

 

Source: Bruce Schreiner, WRAL, 6/22/20

 American whiskey distillers have watched more than $300 million in export revenues evaporate in the two years since becoming entangled in a trade dispute between the Trump administration and the European Union, according to estimates in a new report. Exports of American whiskey — mostly bourbon, Tennessee whiskey and rye whiskey — to the EU have fallen 33% since the EU imposed a retaliatory tariff on those products on June 22, 2018, according to the report issued Monday by the Distilled Spirits Council of the United States.

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