Tariffs make US bourbon an endangered species in European bars
The EU's recent implementation of a 25 per cent tariff on bourbon has seen a severe drop in revenue for producers
Small US bourbon producers are finding that European drinkers love their products. It’s those tariffs that don’t go down so smoothly.
Following the European Union’s June implementation of a 25 per cent tariff on bourbon, the popular US whiskey variety, the impact has been clear. One American producer said his exports have “dropped to zero” as a result. Last year, they made up 15 per cent of revenue.
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures