Dried out: trade war cuts US whiskey sales to EU

[Judi Lynn]

EURACTIV.com with AFP 1:48

Europeans have developed a taste for American whiskey over the past decade but trade disputes have slashed US exports of the booze, an American trade group said Wednesday (12 February).

Washington and Brussels are in the midst of a multifaceted trade feud that included punitive US tariffs on steel and aluminium imports and the EU retaliating in June 2018 by slapping a 25% tax on some US goods, notably bourbon.

That took a chunk out of US whiskey exports to Europe last year, which fell by 27 percent, the Distilled Spirits Council of the United States (DISCUS) said.

US spirit exports worldwide fell by 14% in 2019, according to the council.

Renewed interest in Kentucky bourbon and Tennessee whiskey — which unlike Scotch whisky is made from corn — drove a 55% increase in spirits over the past 10 years.

“These great American Whiskey products that have been the toast of the global cocktail scene are struggling under the weight of the EU tariffs,” DISCUS President Chris Swonger said in a statement.

More:
https://www.euractiv.com/section/economy-jobs/news/dried-out-trade-war-cuts-us-whiskey-sales-to-eu/

[sprinkleeninow]

1. well, you know to thank the orange jeenyus of the stables, doncha? eom

[KY_EnviroGuy]

2. Kentucky and Tennessee distillers will still contribute to Trump and the Turtle.

McTurtle has always sucked up to big tobacco, big liquor and big healthcare.

Business people in particular never learn the world is all about the working people (their customers) and....

just go for the tax cuts.........

[Captain Zero]

3. I switched from Bourbon to Canadian Club until MoscowMitch is gone.

I figured it was the least I could do.