Iowa

47of74

(18,470 posts) Sat Jun 9, 2018, 07:34 AM Jun 2018

Local distillery feeling the effects of Trump's tariff stupidity

Yeah, about the GOP being good for small business?

An Eastern Iowa distillery says tariffs the European Union put on bourbon will have a big effect on them.

The tariff will be 25%. It's in retaliation to President Donald Trump's decision to slap tariffs on steel and aluminum imports from Europe.

Cedar Ridge Winery & Distillery owner, Jeff Quint says they boosted their bourbon production over the last couple of years, with the goal being to start shipping it overseas.

He says, “If you look at the top 10 buyers of American whiskey, outside the United States, five of them are in the EU (European Union."

Way to go Herr Orange.

2 replies

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Highlight:

Local distillery feeling the effects of Trump's tariff stupidity (Original Post) 47of74 Jun 2018 OP

This will be happening everywhere in the U.S. Ohiogal Jun 2018 #1

But Wilbur Ross told me that it's only going to make my can of Campbell's Soup go up a penny. progressoid Jun 2018 #2

Ohiogal

(34,711 posts)

1. This will be happening everywhere in the U.S.

Reply to 47of74 (Original post)

Sat Jun 9, 2018, 07:48 AM

Jun 2018

I hope the Trump voters who are affected by this are happy with their choice....

progressoid

(50,748 posts)

2. But Wilbur Ross told me that it's only going to make my can of Campbell's Soup go up a penny.