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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJack Daniel's price to jump 10% thanks to Trump's trade war, whiskey maker warns
Cost will increase after existing stockpiles run down over the next couple of months, drinks maker saysBen Chapman 2 hours ago
Brussels slapped a 25 per cent tariff on a host of American products including bourbon whiskey, motorbikes and orange juice in retaliation for the Trump administrations own tariffs on steel and aluminium.
A spokesperson for Jack Daniel's parent company Brown-Foreman said on Monday that prices could rise by 10 per cent once distributors' stockpiled supplies begin to run out over the next couple of months.
The firm makes around a quarter of its revenues in Europe and is not the only US company feeling the effects of an escalating trade war triggered by the US president.
https://www.independent.co.uk/news/business/news/jack-daniels-whiskey-price-increase-donald-trump-trade-war-a8417406.html
Response to workinclasszero (Original post)
exboyfil This message was self-deleted by its author.
beachbum bob
(10,437 posts)eurporeans switch more to Irish and Scottish whiskeys...which they might if the cost comes into play
workinclasszero
(28,270 posts)And lost jobs in Trump country as well.
beachbum bob
(10,437 posts)tariffs?
zipplewrath
(16,646 posts)I'm always amazed at what they charge over there for Jack. You'd think it was a premium whiskey or something. It's actually kinda funny what they try to charge for it in the "duty free". You can get it vastly cheaper at a big box liquor store, so much so that the duties, if any, won't matter.
And this probably affects more than Jack. Beam, and Makers are probably also included in this.
beachbum bob
(10,437 posts)well...tit for tat is the man's MO...
zipplewrath
(16,646 posts)The US based producers will increase their prices to make up for foreign sales losses and the fact that the import whiskey prices will be going up.
beachbum bob
(10,437 posts)their prices to almost the same level, so yes, we will see higher prices across the board as well. The match has been thrown on a inflation bonfire by trump who cares or understands so little
Iliyah
(25,111 posts)I drink Vodka and I think Russia is our pal now so prices may not go up (????) but who knows.
zipplewrath
(16,646 posts)Vodka doesn't only come from Russia, and all prices may go up when European and Canadian vodkas go up in price.
Hangingon
(3,071 posts)Brother Buzz
(36,509 posts)TheBlackAdder
(28,262 posts).
It's still contested.
I can't recall the sources, but they were peer reviewed research papers, when I had a .edu account.
.
Gothmog
(146,018 posts)Ilsa
(61,721 posts)I have been able to tolerate doofus thus far, but don't know if I will last until midterms unless Mueller releases a torrent of indictments.