Trump Policy May Hurt U.S. Bourbon Supply
President Donald Trump wants to follow through on his campaign promise to help U.S. factory workers by slapping tariffs on foreign steel, an effort meant to hurt China. But the questionable business decision may backfire: the European Union promises to retaliate by slapping tariffs on select U.S. exports—particularly bourbon. The move will likely impact the spirits market.
Worldview talks to Fred Minnick, author of Bourbon: The Rise, Fall & Rebirth of an American Whiskey, to get his take on how Trump’s economic policy may affect U.S. liquor exports.