The EU’s tariff rate is set to double to 50% in June in the key export market for US whiskey makers.
American whiskey has become collateral damage in Trump-era tariff disputed with Europe. As a result, business for distillers could become painful unless their entanglement in the trans-Atlantic trade fight is resolved soon.
Co-founder of Whiskey & Wealth Club, William Fielding, however, shares his insight with Fox Business on how and why the current tariffs aren’t necessarily bad for business, and the opportunity this time brings for investors.
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