Kentucky's bourbon industry is facing adversity due to Canada's response to the recently imposed 25% tariffs by the United States. Multiple Canadian provinces, including Ontario and New Brunswick, have stopped selling US-made alcohol and halted new purchases, affecting Kentucky's lucrative exports. The Kentucky Distillers' Association warns these retaliatory tariffs could harm growth prospects for local distilleries in the long run, as Canada is a key market for the state's bourbon, purchasing millions annually. The situation represents a significant challenge for the bourbon industry amid escalating trade tensions.
Eric Gregory, the president of the Kentucky Distillers' Association, noted that Canada's retaliatory tariffs would have far-reaching consequences across Kentucky, where 95% of the world's bourbon is produced.
The government of New Brunswick announced it would not buy any new US alcohol products, having already pulled US-made drinks from its shelves.
Provinces such as Ontario and New Brunswick have instructed state-affiliated retailers to cease importing and selling US alcohol, significantly impacting the bourbon market.
Canada's measures against US alcohol imports jeopardize growth for Kentucky distillers for years to come, according to Eric Gregory.
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