U.S. whiskey distilleries brace for 25% increase in tariffs
Collateral damage to distilleries continues in the wake of the Trump-EU disputes, this time affecting American whiskey.
Until now, distilleries exporting whiskey to Europe and the UK faced a 25% tariff on their spirits. But for the distilleries’ bitter pill, they will have to face a 50% tariff as of June. That is double what was already being imposed on them.
“We are literally freezing,” said Amir Peay of E.Pepper Distillery in Lexington, Kentucky. In his case, the new tariff comes just as he began investing to take advantage of rising sales in Europe.
The problems plaguing U.S. whiskey makers reflect both the complications of global trade and the inclination of opposing sides to target flagship products in disputes. The United States imposed tariffs on Scotch whisky and French wine, and the Europeans taxed Harley-Davidson motorcycles and U.S. whiskey. Although the underlying disputes had nothing to do with those products.
Via The Wall Street Journal
Don’t drink and drive. Enjoy responsibly.
Join the community on Reddit
Spirits Hunters is a community dedicated to spirits and the world of mixology. Feel free to talk about the world of mixology and bartending here!Join
You may also like