Recent Whiskey Sanctions Articles
EU Spares American Bourbon from Trade War Tariffs After Intense Lobbying
In a surprising twist amid escalating global trade tensions, the European Union has decided to remove American bourbon and other U.S. whiskeys from its list of retaliatory tariffs. This decision comes as a relief to the drinks industry, which had been bracing for the fallout of a trade war sparked
EU Delays Retaliatory Tariffs on U.S. Whiskey: A Chance for Negotiation
The European Union (EU) has decided to postpone its planned 50% tariff on American whiskey and other goods, giving negotiators more time to strike a deal with the United States. The tariffs, initially scheduled to take effect on April 1, have been delayed until mid-April to align with broader coun
US-EU Spirits Trade Dispute Escalates Amidst Threats of Heavy Tariffs
The longstanding trade tensions between the United States and the European Union (EU) have intensified, with a new wave of tariffs targeting the lucrative spirits market. This dispute, which traces its roots to earlier conflicts over steel and aluminum tariffs, is once again threatening economic t
American Whiskey Sales Face Challenges Amid Economic Pressures and Trade Disputes
The American whiskey industry, a cornerstone of the U.S. spirits market, is grappling with a challenging landscape. Domestic sales have seen a decline, and looming trade disputes threaten to disrupt the recovery of international markets. According to the Distilled Spirits Council, domestic sales o
India Slashes Bourbon Whiskey Tariffs: A Game-Changer for US Exports
India has taken a significant step toward enhancing trade ties with the United States by slashing the import tariff on bourbon whiskey from an overwhelming 150% to 50%. This dramatic reduction in duties, announced by the Department of Revenue on February 13, is expected to reshape the market for A
Diageo Faces a $200 Million Profit Hit Amid Trump Tariff Threats
Diageo, the renowned British drinks company behind brands like Johnnie Walker, Guinness, Smirnoff, and Baileys, is bracing for a challenging period as it confronts the impact of new US tariffs. The tariffs, recently confirmed by the Trump administration, could slash the company’s operating profits
Trump’s Tariff Moves and Their Far-Reaching Impact on the Kentucky Bourbon Industry
Over the weekend, President Donald Trump took a bold step by imposing a 25% tariff on imports from Canada and Mexico. The move, designed to push these nations to follow through on promises regarding illegal immigration and the flow of harmful drugs, has sent shockwaves through various industries i
