Posted: Feb 12, 2020
FRANKFORT, Ky. AP — A new spirits industry report says President Donald Trump's trade war dampened the overseas market for American-made whiskey last year. The Distilled Spirits Council says overall exports of bourbon, Tennessee whiskey and rye whiskey tumbled amid a trade war-induced decline in exports to key European markets. At home, U.S. sales posted solid gains, especially for pricier premium brands. American whiskey makers have been caught in the middle of a trans-Atlantic trade dispute since mid-2018. That's when the EU imposed tariffs on American whiskey and other U.S. products in response to Trump's decision to slap tariffs on European steel and aluminum.
February 12, 2020
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