Caught in the Crossfire: What Foreign Tariffs Did to American Bourbon and Whiskey Prices at Home
American whiskey became a focal point of the trade war back in 2018 with Trump tariffs, and that has continued into 2026. Why whiskey, and what happens in the U.S. whiskey market when this distinctly American product suddenly loses a large share of export sales and revenue? A recent paper in The Accounting Review provides evidence on these questions.