Markets.News
The bourbon industry in Kentucky is facing a significant risk due to President Donald Trump's choice to initiate a trade conflict with Europe. The imposition of tariffs on bourbon exports has put the state's distillers in a precarious position, as their products have become more expensive for consumers overseas. This move has resulted in a notable decline in sales and revenue for Kentucky's bourbon producers, showcasing the detrimental impact of the trade dispute on this key sector of the state's economy.