American-made whiskey sales have taken a hit in recent years, due to high inflation.
However, tariff threats and a potential trade war with Canada and Mexico have the spirit industry on edge. Now there is the threat of tariffs on the European Union.
The 27-nation trade block recently announced retaliatory tariffs which are set to begin April 1st.
American whiskey producers should see their tariff rates grow from 0 to 50%. Distillers say it would be catastrophic and could force many out of their largest export market.
