With the return of tariffs on Mexico and Canada by President Donald Trump, here's a look at how it could impact Kentucky.
On March 5, President Trump suspended tariffs on imports from Mexico and Canada. The move came as liquor companies in Kentucky and nationwide braced for theimpact from retaliatory maneuvers from neighboring countries after export tariffs took effect earlier this week.
Governor Andy Beshear is asking Canadian leaders to reconsider tariffs on Kentucky goods, particularly the state's signature spirit.
"The tariffs right now are going to affect us, but farmers are resilient and they plan for this," Bruce Langley, with Langley Farms, said.
Forman’s third quarter earnings call Wednesday, CEO Lawson Whiting called Canada’s response to a 25% tariff, “disproportionate.”
Canadian provinces have restricted American alcohol sales as part of retaliatory measures against President Trump’s tariffs.