Tariffs cause drop in US whiskey exports | 2019-03-24 | daily-sun.com

Tariffs cause drop in US whiskey exports

24 March, 2019 12:00 AM printer

WASHINGTON: Foreign retaliatory tariffs in response to U.S. duties on steel and aluminum imports caused a decline in U.S. whiskey exports in the second half of 2018, said an industry report released Thursday.

The Washington-based Distilled Spirits Council said U.S. whiskey exports totaled 593 million U.S. dollars in the last six months of 2018, slumping by 11 percent year-over-year. That, according to the report, is the consequence of U.S. trading partners levying duties on U.S. liquors beginning in June, reports Xinhua.

Canada, China, Mexico and the European Union (EU) imposed tariffs ranging from 10 percent to 25 percent on U.S. whiskeys last year, resulting in less U.S. exports of distilled spirits in the second half of the year than in the first half.