Economics
This Is What the Trade War Looks Like in Bourbon Country
- Kentucky, where the economy has lagged, is looking for relief
- State boasts 68 distillers with annual payroll of $1 billion
Photographer: Luke Sharrett/Bloomberg
This article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
After Europe retaliated with tariffs on Kentucky bourbon in response to President Donald Trump’s trade war, the James E. Pepper distillery in Lexington so far this year has suffered a more than 20% sales decline internationally.