US EditionTrump's trade wars threaten America's craft brewers already reeling from changing tastes
- The trade war between the U.S. And the European Union threatens American whiskey exports, with a 50% tariff set to take effect on April 13.
- American whiskey exports plunged from $552 million in 2018 to $440 million in 2021 before recovering to $699 million.
- These tariffs threaten jobs, local agriculture, and centuries of progress in the whiskey industry, according to a craft distiller from Iowa.
- Small distillers are urging President Trump to negotiate zero-for-zero tariffs on American whiskey with the EU to protect their businesses and jobs.
97 Articles
97 Articles
Trump's America First Trade Revolution Is a Win for Working Families
President Donald Trump is ending outdated trade policies that harm hard-working Americans. Naturally, globalist elites are spitting mad that the United States is finally putting the interests of American workers, families, and communities over the pocketbooks of self-anointed “citizens of the world.” Here are four ways Trump’s trade policies are restoring respect for America: 1) Demanding fairness and reciprocity: For decades, friends and fo…
AIER
thedailyeconomy.orgThe Intervention Spiral: What to Expect from Trump's Trade Policy
Economists have extensively analyzed Trump’s latest trade war, examining both the Econ 101 effects of tariffs and the more underrated consequences of policy uncertainty. But there’s another critical angle worth exploring: the dynamics of interventionism suggest that government responses to the fallout from this trade war will likely trigger a cascade of additional interventions, ultimately worsening our economic problems. Unsurprisingly, one of …
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