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From bourbon to Bordeaux: Trump's tariffs spill into global booze markets

On HALO

11 hours ago

President Donald Trump’s tariff blitz is shaking up the global booze market, with the European Union eyeing payback that could hit American-made spirits right where it hurts.The booze business is unlike any other. It's highly regulated, globally entangled and steeped in the cultural identities of the countries that produce their beloved spirits. Last year, the U.S. exported $2.4 billion in hard alcohol, according to figures provided by the Distilled Spirits Council of the United States, a Washington-based trade association. Based on 2024 trade data, the European Union is America's top client,...

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11 hours ago
On HALO

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