A $2 Billion Impact From Trade Tariffs
Update: 2025-08-10
Description
The Toasts Not Tariffs Coalition of drinks industry groups estimates trade tariffs could cost the U.S. economy 2 billion dollars and more than 25,000 hospitality jobs. This week on WhiskyCast, we’ll talk with two industry leaders lobbying the Trump Administration to clear a path to “zero for zero” tariffs for whiskies and other distilled spirits. In the news, Uncle Nearest is facing likely receivership after defaulting on $108 million in loans, and we’ll have all the details from Tennessee.
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Would the SWA be ready to revert back to exporting 750 ml bottles to the US in exchange for a lower tariff? That giveaway by the Biden administration has never set well with me.
Correct me if I'm wrong but if foreign made spirits are more expensive then logic would dictate that domestic Spirit sales should increase.
A house in Martha's vineyard aye? a fine story does not make a fine business plan. Other than a nice story, this is nothing more than another new distillery which misread the fizzling out market.