The Toasts Not Tariffs Coalition, 48 associations representing the entire three-tier chain of the U.S. alcohol industry, sent a letter today to U.S. Trade Rep. Ambassador Tai, U.S. Dept. of Agriculture Secretary Vilsack and U.S. Dept. of Commerce Secretary Raimondo to urge the immediate removal of … Continue readingToasts Not Tariffs Appeals to Biden Administration to End Tariffs on Spirits, Wine
Tariffs imposed on U.S. spirits due to international trade disputes slashed the exports of Kentucky Bourbon by 35% overall in 2020, the Kentucky Distillers’ Association announced. Shipments to the European Union fell by nearly 50%. The EU is expected to double the tariffs imposed on American whiskey, which would … Continue readingGlobal Tariffs Slash Kentucky Bourbon Exports by 35% in 2020, Per KDA
While the coronavirus pandemic that took over the world in early 2020 brought with it human suffering and death, it also brought plenty of economic suffering, and the hospitality industry was one that was hit hard. Combined with international trade tariffs that offered a completely … Continue readingGood News, Bad News: Distilled Spirits Council Releases 2020 Economic Report
Dozens of associations representing a wide range of industries implored President Joseph R. Biden and European Commission President Ursula von der Leyen to immediately suspend tariffs on sectors that are not related to ongoing Trans-Atlantic trade disputes. There are 72 associations involved from both the … Continue readingIndustry Associations Call on Biden, von der Leven for Immediate Suspension of Trade Tariffs
The Distilled Spirits Council of the United States (DISCUS) has submitted a report with the United States Trade Representative (USTR) that identifies key barriers to foreign trade that impede distilled spirits exports from the United States. These barriers include retaliatory tariffs, discriminatory taxation, import policies, … Continue readingDistilled Spirits Council Identifies Top Foreign Trade Barriers Impacting the U.S. Spirits Sector
Bourbon continues to boom in Kentucky. The Kentucky Distillers Association announced today that barrel inventory for 2020 is near 10 million, breaking several state records. The total number of barrels of bourbon currently aging in the state is 9,266,228, with nearly another 600,000 other spirits … Continue readingBourbon is Booming, but Kentucky’s Industry Faces Major Challenges: KDA