U.S. spirits makers suffer from retaliatory tariffs
                 Source: Xinhua | 2019-02-13 21:58:29 | Editor: huaxia

File Photo: Bottles of Kentucky Bourbon Whiskey await packaging for shipment at the Buffalo Trace Distillery in Frankfort, Kentucky, U.S., June 11, 2018. (Xinhua/REUTERS)

NEW YORK, Feb. 12 (Xinhua) -- The U.S. export of distilled spirits shrank following the imposition of retaliatory tariffs by major trading partners in the middle of 2018, the latest data released Tuesday by the Distilled Spirits Council of the United States showed.

U.S. whiskey exports were worth 526 million U.S. dollars between July and November 2018, down 8.2 percent from a year earlier, said Christine LoCascio, the council's senior vice president.

By contrast, global whiskey exports recorded a 28 percent growth to reach 595 million dollars in the first half of 2018.

U.S. spirits exports worth 763 million dollars became subject to retaliatory tariffs ranging from 140 percent to 10 percent since mid-2018 following the U.S. tariff hikes on steel and aluminum imports.

Among the trading partners involved, the European Union (EU) accounted for over 40 percent of the U.S. overseas spirits market in 2018, and whiskey alone contributed to 69 percent of total U.S. spirits exports in 2017.

In 2018, U.S. whiskey exports to the EU from January to November fell 8.7 percent year on year, but increased by 33 percent in the first half, the council's data showed.

A similar pattern was noticed in the case of Canada, in which U.S. whiskey exports in the five months declined by 8.3 percent, but expanded by 12.4 percent in the first half.

Scott E. Harris, founder and general manager of the small-sized distillery Catoctin Creek based in Virginia, said he has lost 100,000 dollars due to contracts called off for the EU market, and postponed expansion plans, with a hiring freeze and a halt to pay rises, among other things, after the retaliatory tariffs.

"I think we just have to wait right now. A lot of tariffs are here because that puts a very negative impact on our business," Harris told Xinhua.

Harris said he believed that the tariff issue would be resolved eventually.

"We strongly encourage the (Trump) Administration and our trading partners in the EU, Canada and Mexico to quickly resolve these harmful tariffs that are undercutting economic growth in this sector and adversely affecting American workers," said Chris Swonger, president and CEO of the Distilled Spirits Council.

Despite the slowdown in growth, U.S. total exports of distilled spirits are expected to post a record high last year. At the end of November 2018, they were estimated to be some 1.7 billion dollars, compared to the 1.6 billion dollars for the whole year of 2017.

Back to Top Close
Xinhuanet

U.S. spirits makers suffer from retaliatory tariffs

Source: Xinhua 2019-02-13 21:58:29

File Photo: Bottles of Kentucky Bourbon Whiskey await packaging for shipment at the Buffalo Trace Distillery in Frankfort, Kentucky, U.S., June 11, 2018. (Xinhua/REUTERS)

NEW YORK, Feb. 12 (Xinhua) -- The U.S. export of distilled spirits shrank following the imposition of retaliatory tariffs by major trading partners in the middle of 2018, the latest data released Tuesday by the Distilled Spirits Council of the United States showed.

U.S. whiskey exports were worth 526 million U.S. dollars between July and November 2018, down 8.2 percent from a year earlier, said Christine LoCascio, the council's senior vice president.

By contrast, global whiskey exports recorded a 28 percent growth to reach 595 million dollars in the first half of 2018.

U.S. spirits exports worth 763 million dollars became subject to retaliatory tariffs ranging from 140 percent to 10 percent since mid-2018 following the U.S. tariff hikes on steel and aluminum imports.

Among the trading partners involved, the European Union (EU) accounted for over 40 percent of the U.S. overseas spirits market in 2018, and whiskey alone contributed to 69 percent of total U.S. spirits exports in 2017.

In 2018, U.S. whiskey exports to the EU from January to November fell 8.7 percent year on year, but increased by 33 percent in the first half, the council's data showed.

A similar pattern was noticed in the case of Canada, in which U.S. whiskey exports in the five months declined by 8.3 percent, but expanded by 12.4 percent in the first half.

Scott E. Harris, founder and general manager of the small-sized distillery Catoctin Creek based in Virginia, said he has lost 100,000 dollars due to contracts called off for the EU market, and postponed expansion plans, with a hiring freeze and a halt to pay rises, among other things, after the retaliatory tariffs.

"I think we just have to wait right now. A lot of tariffs are here because that puts a very negative impact on our business," Harris told Xinhua.

Harris said he believed that the tariff issue would be resolved eventually.

"We strongly encourage the (Trump) Administration and our trading partners in the EU, Canada and Mexico to quickly resolve these harmful tariffs that are undercutting economic growth in this sector and adversely affecting American workers," said Chris Swonger, president and CEO of the Distilled Spirits Council.

Despite the slowdown in growth, U.S. total exports of distilled spirits are expected to post a record high last year. At the end of November 2018, they were estimated to be some 1.7 billion dollars, compared to the 1.6 billion dollars for the whole year of 2017.

010020070750000000000000011100001378190381
凤凰彩票 大发app 凤凰彩票app 乐发iv游戏平台 凤凰彩票大厅 乐发彩票 乐发彩票app下载 大发彩票 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 凤凰彩票大厅 乐发官网 乐发ii下载入口 乐发ll 乐发v平台 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 乐发lv 乐发lll安装 乐发lv 乐发登录入口 乐发iv游戏平台 凤凰彩票登录 网信彩票 彩神 彩神彩票官方网站 彩神彩票官网首页 彩神官方app下载安卓版 凤凰彩票登录 彩神v3 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 快3官网 网信彩票 快3app 网信彩票平台 百姓彩票平台 网信平台官网 快3app下载 百姓彩票 每日彩票 快3app 百姓彩票 每日彩票 快3app 百姓彩票平台 幸运5分彩快3 快3彩票app下载 百姓彩票网站网址 大发10分PK10 快3下载 网信彩票平台 网信平台官网 快3彩票官网app 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 大发彩票app下载 百姓彩票网站网址 彩神购彩平台 每日彩票 官方正规快三彩票平台 彩神彩票购彩平台 百姓彩票 凤凰彩票购彩平台 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 凤凰彩票登录 乐发lv 乐发∨Il 百姓彩票网站网址 乐发彩票 乐发彩票官方网站 乐发lll安装 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 一分快3 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 乐发lll 乐发ii下载入口 乐发彩票官方网站 凤凰彩票官方网站 凤凰快3 彩神彩票官网首页 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 凤凰彩票app 乐发app 网信彩票平台 网信彩票平台 乐发iv游戏平台 凤凰彩票app 乐发lv 乐发彩票app下载 凤凰彩票app 网信彩票平台 乐发彩票app下载 乐发lv 乐发app 大发彩票安卓下载 大发彩票安卓下载 大发彩票 乐发彩票app下载 网信彩票平台 乐发iv游戏平台 彩神彩票 乐发彩票中心 极速快3彩票平台 人人快三凤凰 大发彩票app 大发彩票大全 乐发彩票 彩神彩票官方网站 乐发app 酷天堂彩票平台 凤凰彩票app下载 凤凰彩票大厅 凤凰彩票app 极速快3彩票平台 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 大发彩票app 网信彩票用户 百姓快三 百姓彩票平台 乐发lv 乐发彩票app下载 彩信平台 网信彩票 乐发彩票官方网站 乐发∨Il 人人快三凤凰 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 人人快三凤凰 乐发彩票 彩神彩票 乐发iv游戏平台 乐发彩票 大发彩票中心 凤凰彩票登录 凤凰彩票app 彩神彩票 大发彩票 乐发ll 大发彩票app 凤凰快3 凤凰彩票 彩神彩票 乐发ll 凤凰彩票 乐发lll 凤凰彩票大厅 网信彩票 彩神彩票 乐发lv 快盈彩票 乐发彩票官方网站 盈彩网投资平台 大发官网 一分时时彩 乐发lv 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 彩神iv 大发彩票app 大小单双平台 一分pk10 乐发lv 快盈彩票 乐发官网 快彩彩票 百姓彩票 凤凰彩票大厅 网信彩票 乐发彩票中心 网信快3 乐发 彩神xl 三分快3 大发彩票 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 乐发彩票官方网站 大发彩票 乐发 分分快3 彩神vl 55世纪 55世纪 凤凰快3 乐发彩票 乐发lv welcome凤凰彩票 乐发ll 1分快3 彩神 彩神ll 1分快3官网 1分快3的平台 welcome凤凰彩票 三分快3 彩神x 彩神vl 凤凰彩票 彩神xl 大发彩票 凤凰彩票大厅 乐发官网 乐发ll 乐发lll 乐发lv 大发彩票app 大发彩票 乐发 乐发彩票 乐发彩票中心 凤凰快3 乐发彩票 彩神xl 腾讯快3 大发彩票 彩神xl 大发彩票 乐发彩票 大发彩票app 快3平台 乐发 1分快3 乐发彩票 彩神x 凤凰快3 彩神xl 彩吧助手 大发彩票app 快3平台 大发排列3 彩神iv 彩神vl 乐发IV 彩神x 一分pk10 大发排列3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 一分pk10 凤凰彩票 乐发Vll 大发官网 乐发ll 大发彩票 乐发1 凤凰快3 彩神vl 乐发lx 百姓彩票 乐发VI 彩神x 乐发IV 极速快3 乐发 凤凰快3 网信快3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 凤凰彩票大厅 乐发lv 乐发lv 乐发lv 凤凰彩票 大发彩票 大发彩票 凤凰彩票 乐发lv 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 彩神x 乐发 乐发ll 极速快3 乐发lv 乐发彩票中心 快3彩票 凤凰彩票大厅 彩神x 凤凰彩票app 分分快3 网信彩票 网盟彩票 凤凰彩票 百姓彩票 乐发 快彩彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 极速快3 乐发ll 网信彩票 乐发lv 全民彩票 凤凰彩票app下载 快盈彩票 大发彩票app 大发官网 凤凰彩票 彩神iv 大发彩票 网信快3 凤凰彩票 百姓彩票