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Drinks

U.S. Whiskey Exports Dry Up As Tariffs Bite

American whiskey exports slumped in the second half of 2018, taking a blow from higher duties by the country's trading partners following President Donald Trump's tariffs on steel and aluminum imports, an industry group said on Thursday.

Canada, China, Mexico and the European Union slapped import duties ranging from 10% to 25% on U.S whiskey and bourbon last year, resulting in a 11% drop in U.S. whiskey exports in the second half, according to a report from the Distilled Spirits Council.

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