The consequences of the Trump administration’s steel and aluminum tariffs are already being felt across global markets. But the makers of one iconic American product say they stand to suffer more than most — bourbon whiskey distillers. The European Union said yesterday that it would impose tariffs on U.S. imports in retaliation for new duties of 25 percent on steel and 10 percent on aluminium coming from the E.U., Mexico and Canada.
Similar Stories to Trump’s Trade War Is Already Hurting American Whiskey Distillers on Bing News
Ciara Nugent, Time: Business
Fri, 06/01/2018 - 5:42am
Topics: the european u u e.u mexico canada u e.u harley-davidson levi s stephen gould colorado-based golden moon distillery e.u ldquo;i’m u u e.u dow jones ford&rsquo europeans e.u u u u dunn milroy&rsquo whisky shop london u u u bourbon-led ldquo;the old fashioned u margie lehrman ldquo;the eu the president lehrman trump&rsquo first&rdquo george washington mount vernon e.u u gould u s senate house representatives trump american european u e.u bourbon i&rsquo gould american craft spirits association lehrman hurting whiskey distillers u.s tariffs years u.k people it’s that’s country taste steel imports hit percent developed sales product markets retaliation won’t exports countries drinks they’re rhetoric business news consumers impact businesses
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