In the hills of Kentucky where most of the world’s bourbon supply is crafted, a new trade war would feel like an aching hangover that won’t go away
LAWRENCEBURG, Ky. — In the rolling hills of Kentucky where most of the world's bourbon supply is crafted, the prospect of a new trade war feels like an aching hangover that won't go away.
Kentucky bourbon producers again find themselves in the crosshairs as a target for retaliation after President Donald Trump ordered new tariffs on U.S. neighbors Canada and Mexico. On Monday, Trump and Mexican President Claudia Sheinbaum put their planned tariffs on hold for a month to give time for further negotiations.
American whiskey exports slumped badly amid an earlier trade dispute during Trump's first term.
Canada, a key export market for American spirits, responded to this latest outbreak of trade warfare by initially ordering tariffs on American imports including beverages starting Tuesday. Some authorities in the provinces of Ontario, British Columbia, Quebec, Manitoba and Nova Scotia planned to remove American liquor brands from government store shelves.
The latest back-and-forth is a sobering prospect for Kentucky bourbon producers and their supporters. The bourbon industry pumps $9 billion into the Bluegrass State’s economy each year, creating more jobs and attracting more tourists than ever before, according to a study released last year. Kentucky distillers produce 95% of the global bourbon supply, according to the Kentucky Distillers’ Association.
Kentucky Democratic Gov. Andy Beshear warned that tariffs will hurt working families in a state that voted overwhelmingly last November to return Trump to the White House. The pain won't be limited to distilleries, but will
Read more on abcnews.go.com