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 spirits industry on edge. Now, tariffs are threatened against the European Union.
The 27-nation trade bloc recently announced retaliatory tariffs, which are set to begin on 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.
Related Stories
As federal policy shifts toward greater tribal sovereignty, farmers and ranchers (and their legal counsel) must prioritize clear, written contracts and stay engaged with state legislative developments and tribal council updates.
Roger McEowen breaks down the EPA’s updated dicamba regulations and shares what farmers need to do to remain compliant under the new rules this growing season.
Louisiana farmers say high water levels routinely threaten crops, highlighting the need for critical infrastructure and sustainability efforts in the Bayou.
The Farm Monitor says Georgia farmers highlighted profitability and labor challenges during a Farm Bureau event with USDA Deputy Secretary Stephen Vaden.
Effort aims to reduce wildfire risk in Western Colorado communities
Tariff refunds are underway, potentially returning billions to importers, as agriculture groups push for a larger role in trade policy and investigations.