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0.000402333534500163 0.000402333534500163 0.0128746731040032 0.0128746731040032 0.0209213437940052 0.0251458459062563 0.0249446791390063 0.0253470126735064
Stock impact report

Retaliatory tariffs may hit 46 percent of U.S. spirits exports: trade body 4:14pm EDT [Reuters]

Brown Forman Inc Class A (BF.A) 
Company Research Source: Reuters
Retaliatory tariffs may hit 46 percent of U.S. spirits exports: trade body | Reuters Reuters Staff 2 Min Read (Reuters) - A U.S. spirits trade body said on Thursday that 46 percent of global spirits exports from the United States could be at risk of facing retaliatory tariffs, following President Donald Trump’s move to impose tariffs on steel and aluminum imports. An estimated $759 million worth of spirits exports are the target of tariffs from the country’s trading partners, which, if imposed, would severely harm producers, farmers and industries associated with the spirits business, the U.S. Distilled Spirits Council said in a letter to Commerce Secretary Wilbur Ross. The trade group estimated that 65 percent of global U.S. whiskey would take a hit if the European Union, Canada, Turkey and/or China retaliated. “The imposition of tariffs on these products by our major trading partners threatens to seriously impede the export progress that has benefited our sector and created jobs acr Show less Read more
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