Kentucky bourbon makers face uncertainty from fluctuating tariffs
Brough Brothers Distillery in Kentucky is expanding but faces uncertainty due to fluctuating tariffs under President Trump. CEO Victor Yarbrough expressed frustration over the unpredictable nature of tariffs, which complicates planning for international growth. Recent U.S. tariffs on Canadian goods have strained trade relations, forcing Brough Brothers to pause a deal to sell spirits in Canada. The EU has also announced retaliatory tariffs on U.S. exports, including bourbon, adding to the industry's challenges. Kentucky Republicans are concerned about the impact of tariffs on bourbon exports. They warn that increased duties could raise prices and harm the industry, which has seen significant growth in recent years due to free trade.