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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRed State Kentucky... Bourbon facing 50% tax imposed by EU starting in March, Thanks to Trump
https://www.wcpo.com/news/state/state-kentucky/were-trying-to-sound-the-alarm-kentucky-bourbon-industry-worries-as-potential-50-eu-imposed-tariffs-loom'We're trying to sound the alarm' | Kentucky bourbon industry worries as potential 50% EU-imposed tariffs loom
CINCINNATI Kentucky's key bourbon industry finds itself staring down the barrel of potential new, EU-imposed tariffs come March, thanks to an ongoing trade war between the United States and the European Union.
.. We saw tens if not hundreds of millions of millions of dollars of impact on exports that the bourbon industry is just recovering from," Kentucky Gov. Andy Beshear said during a Jan. 16 press conference. "A state, again, that voted for Trump by 30 points will get hit incredibly hard."
dem4decades
(12,224 posts)I hope that good old Tennessee sipping whiskey takes it on the chin even worse.
yardwork
(65,312 posts)Beshear is a Democrat.
dem4decades
(12,224 posts)Matter of fact, I just might go to Costco and buy some cheap vodka and some Mexican tequila to celebrate.
rampartd
(1,400 posts)crown royal is a very popular call brand .
Volaris
(10,729 posts)Stargazer99
(3,127 posts)maybe American business will open up their eyes at the results of their voting , now they know how it feels, I have no sympathy for business only those who are employed by that industry are going to feel the pain
SheltieLover
(61,846 posts)Their hatred of people of colot & their paralyzing fear of women, esp professionals, has brought this pox upon the world.
How long can R's deny their inner deamons?
Will R's ever see the light? Boggles my mind how anyone who works for a living could even consider voting R.
Lovie777
(16,270 posts)best bourbon, I guess with all of American made liquor not selling cause the price will be too high, us Americans will have more than enough to stay drunk.
Seriously, sounds like the world is turning against us.
kerouac2
(928 posts)Tarrifs imposed by eu DUE TO TRUMP'S ACTIONS
Everything needs to give him the credit he deserves. Most don't read past the headline anyway.
IrishBubbaLiberal
(234 posts)N
IrishBubbaLiberal
(234 posts)Kentucky is about to get screwed by Trumpagain
Yo_Mama_Been_Loggin
(118,215 posts)Some folks just don't learn.
no_hypocrisy
(49,921 posts)Brenda
(1,437 posts)But thank the Baby Jesus those Kentuckians ain't woke.
Oh, except now MAYBE THEY WILL BE.
Can't put this shit on Biden or Kamala.
Stargazer99
(3,127 posts)SamuelTheThird
(183 posts)Jit423
(796 posts)even more hell to pay for drinkers. I said that during COVID the anger about closing bars and restaurants was more about closeted alcoholics and druggers not being able to get their regular fixes than about "being denied their freedoms."
Conjuay
(2,273 posts)Its your patriotic duty to offset any and all lost profits Mr Thirty points has caused you.
Get drinkin.
Iris
(16,230 posts)And quite astutely, it seems.
Prairie Gates
(3,932 posts)The Wall Street Journal had a story on the bourbon glut just a few weeks ago. Destroying the export market for a product that is already in overproduction is not too bright. That said, you'll probably be able to get more discount bottle of Blanton's and Weller's now. They have to empty those barrels in the warehouses at some point.
A lot of the small producers and late market entrants will fail, probably before the end of the year.
You're also going to see big failures of craft beer as canning costs go up and California wine, which does rely on Canadian markets to make up a good percentage of their income.
That's if the tariffs stay on.