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
New rule speeds leasing and permitting for federal oil and gas development
Texas Farm Bureau President Russell Boening joined us with the latest update on storm conditions and impacts across the state.
Year-round E15 remains on the table, but procedural caution and competing regional interests pushed action into a slower, negotiated path.
The National Cattlemen’s Beef Association and Public Lands Council published a joint press release regarding the advancement of legislation to delist the Mexican Gray Wolf from the Endangered Species Act.
Placements and marketings beat expectations, but declining on-feed totals and feeder constraints keep the supply story supportive for cattle prices into 2026. Dr. Derrell Peel, with Oklahoma State University, joined us to break down cattle-on-feed numbers and provide his broader market outlook.
USDA Rural Development Director for Kentucky, Travis Burton, joined us to discuss the Princeton facility (formerly Porter Road Meats), now backed by the USDA, and its role in expanding domestic meat processing capacity.