Tariffs & craft distillers

posted in: News | 0

Tariffs & craft distillers

“Tariffs have been very bad for American whiskey, especially for the craft distillers,” Fred Minnick, Editor-in-Chief of Bourbon Plus Magazine, said. “In Europe, their distributors won’t even take phone calls from American craft distillers anymore because they can’t recoup the extra costs of 25 percent on that tariff. So they’re just completely ignoring the smaller distilleries. They’re still doing business with the larger ones like Brown Forman, Jim Beam and Heaven Hill — but they’re choosing not to work with the smaller American distillers. So on the craft side, American whiskey is hurting overseas.”

Fully Story