Whiskey business still feeling effects of 2018 Trump tariffs
Share and Follow


() Although President Donald Trump insists that tariffs on Canada and Mexico are going to be the “greatest thing” America has ever done, not everyone agrees.

Business owners in particular have sounded the alarm, including Fawn Weaver, the owner and CEO of Uncle Nearest Premium Whiskey, which is based in Tennessee.

“It’s just so silly. But we have to understand the history of this,” Weaver said on ” Now” Monday. “Every single time there’s retaliatory tariffs, it’s bourbon that gets hit because it’s one of our most popular exports around the world a symbol of America.”

Although Trump postponed 25% tariffs on many imports for a month, The Associated Press is reporting that Canada’s initial retaliatory tariffs against the United States will remain in place.

Along with these, potential tariffs by the European Union are also looming over Weaver’s head.

When the first set of Trump’s tariffs were rolled out in 2018 during his first administration, Weaver told her team to bring their focus back into the United States until they worked the situation out.

“Well, now we’re all these years later, and we still haven’t worked it out,” Weaver said.

While getting businesses back to the U.S is what Trump has said he wants, what is really better for the economy is “zero for zero” tariffs, Weaver said.

“That’s what we should be looking at for spirits around the world,” Weaver said. “We would be bringing in more which, by the way, we make money when we import the product and we sell the product, just as the other countries do when we export the product and they sell the product.”

The Associated Press contributed to this report.

Share and Follow
You May Also Like
Connor Zilisch wins rain-shortened race in Dover, marks consecutive Xfinity Series victories

Connor Zilisch Claims Victory in Rain-Shortened Race at Dover, Secures Back-to-Back Xfinity Series Wins

(NEXSTAR) — Connor Zilisch already made history last week when he became…
Second suspect arrested in CBP officer shooting has lengthy criminal past, DHS says

Second suspect arrested in CBP officer shooting has lengthy criminal past, DHS says

NEWYou can now listen to Fox News articles! The second illegal immigrant…
Stream It Or Skip It?

Watch or Pass?

In Justice On Trial, Judge Judy Sheindlin leads a series featuring dramatizations…
'Speechless'  Jamie Foxx reacts to Malcolm-Jamal Warner's shock death

Jamie Foxx is left ‘Speechless’ as he responds to the sudden passing of Malcolm-Jamal Warner

Hollywood is grieving the heartbreaking loss of The Cosby Show star Malcolm-Jamal…
Waukegan man Jose Luis Mendoza-Gonzalez, charged with concealing body of missing Antioch woman Megan Bos, arrested by ICE: DHS

Waukegan Resident Jose Luis Mendoza-Gonzalez, Arrested by ICE for Allegedly Concealing the Body of Missing Antioch Woman Megan Bos: DHS

LAKE COUNTY, Ill. (WLS) — A 52-year-old Waukegan man who was charged…
Michelle Beadle gets over ugly SiriusXM split with epic vacation

Michelle Beadle Moves On from SiriusXM Breakup with an Incredible Vacation

Michelle Beadle might be manifesting her own travel show after her vacation…
Kylie Jenner's post about Greek island restaurant goes viral

Kylie Jenner’s Greek Island Restaurant Review Takes the Internet by Storm

The owners of a restaurant in Greece have been beset by an…
Execution date set for Florida man convicted of kidnapping woman, killing her

Execution date set for Florida man convicted of kidnapping woman, killing her

NEWYou can now listen to Fox News articles! A man on death…