Thursday, June 7, 2018

Brown-Forman upped Jack Daniel's shipments as trade war loomed

By Uday Sampath Kumar and Aishwarya Venugopal (Reuters) - Jack Daniel's maker Brown-Forman Corp warned on Wednesday of trouble ahead from tariffs being slapped on U.S. bourbon and said it had been working in recent months to mitigate the potential impact by shipping more liquor overseas. The spirit and wine maker was thrust into the spotlight last week when Mexico placed a 25 percent tariff on bourbon imports in response to President Trump's imposition of import duties on metals

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