US Craft Distillers Brace for Impact Amid Looming Whiskey Tariffs
Craft distillers in the U.S. are facing challenges due to rising input costs from inflation and potential tariffs on American whiskey exports. The industry, which saw a boom during the pandemic, is now experiencing a slowdown as consumers become more price-conscious. Distillers like Cedar Ridge and Koval are reporting flat or declining sales, while the threat of renewed EU tariffs on whiskey looms. However, there is growth in spirits-based ready-to-drink products and non-alcoholic options, with companies like Ventura Spirits adapting to these trends.