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News in English (USA) / 04.02.2025 / 00:00

Kentucky Bourbon Industry Faces Uncertainty Amid Trade War

The Kentucky bourbon industry is grappling with the ramifications of proposed tariffs that could jeopardize its future. As tensions rise in the ongoing trade dispute, local distillers express deep concern over potential 50% tariffs on bourbon imposed by the EU in retaliation to U.S. tariffs. Governor Beshear has voiced alarm, urging federal lawmakers to combat these tariffs, which are feared to cause significant financial strain on producers. Meanwhile, Canadian whisky importers may also pass increased costs to American consumers, leading to heightened alcohol prices that could affect demand across the market. The situation has left bourbon manufacturers feeling as though they are dealing with a persistent hangover from the trade war, prompting calls for action from industry associations fearing catastrophic consequences.
The Associated Press, Reuters, Courier Journal, WCPO 9 Cincinnati, WHAS11.com, WEKU, Mint, KXAN.com, WKYT, Beverage Industry