anthony. g. Posted June 23, 2018 Share Posted June 23, 2018 (edited) Seems like theres going to be a new tariff on american liquor/whiskey/bourbon. on EU imorts any info on what's going to happen apart from my allready expensive drink of choice getting a big price hike. Edited June 23, 2018 by anthony. g. Link to comment Share on other sites More sharing options...
jvd99 Posted June 23, 2018 Share Posted June 23, 2018 Maybe more for us then Link to comment Share on other sites More sharing options...
dcbt Posted June 23, 2018 Share Posted June 23, 2018 12 minutes ago, jvd99 said: Maybe more for us then Yea, my wife said she heard an interview with one of the distillery reps (she didn't remember which or who, only that is what a woman, so BT maybe?), in any event that spokeswoman confirmed as much, that she expected more to be available stateside. Link to comment Share on other sites More sharing options...
jvd99 Posted June 23, 2018 Share Posted June 23, 2018 In a roundabout way, the tariffs may turn out OK for us bourbon lovers, but please don’t accuse me of saying Trump can do no wrong Link to comment Share on other sites More sharing options...
smokinjoe Posted June 23, 2018 Share Posted June 23, 2018 2 minutes ago, dcbt said: Yea, my wife said she heard an interview with one of the distillery reps (she didn't remember which or who, only that is what a woman, so BT maybe?), in any event that spokeswoman confirmed as much, that she expected more to be available stateside. Hmmm... Dear EU: Please make it 50%. Thanks, JOE Dear President Trump: Please increse Tariffs on cravats to 500%. Thanks, JOE Link to comment Share on other sites More sharing options...
Madhatter Posted June 24, 2018 Share Posted June 24, 2018 4 hours ago, anthony. g. said: Seems like theres going to be a new tariff on american liquor/whiskey/bourbon. on EU imorts any info on what's going to happen apart from my allready expensive drink of choice getting a big price hike. As we've seen, U.S. policy can change overnight. So, this may not be forever. And all of the tariff may not be passed on initially. Some may be absorbed by shippers, distributors, and retailers in order to maintain market share. Link to comment Share on other sites More sharing options...
mbroo5880i Posted June 24, 2018 Share Posted June 24, 2018 1 minute ago, Madhatter said: As we've seen, U.S. policy can change overnight. So, this may not be forever. And all of the tariff may not be passed on initially. Some may be absorbed by shippers, distributors, and retailers in order to maintain market share. Yeah, the three tier distribution system may make appreciable increases availability in product without appreciable increases in price less likely. Link to comment Share on other sites More sharing options...
smokinjoe Posted June 24, 2018 Share Posted June 24, 2018 3 minutes ago, Madhatter said: As we've seen, U.S. policy can change overnight. So, this may not be forever. And all of the tariff may not be passed on initially. Some may be absorbed by shippers, distributors, and retailers in order to maintain market share. Solid observation! Particularly, your last sentence. That “absorption” is done all of the time. Link to comment Share on other sites More sharing options...
anthony. g. Posted June 24, 2018 Author Share Posted June 24, 2018 (edited) 9 hours ago, jvd99 said: Maybe more for us then nothing like sticking the boot in. lol in all seriousness, i think you will be right. Edited June 24, 2018 by anthony. g. Link to comment Share on other sites More sharing options...
Charlutz Posted June 24, 2018 Share Posted June 24, 2018 Anyone noticed whether their favorite international retailers have increased the price on Blantons gold or sftb? The site I checked is now out of stock. Link to comment Share on other sites More sharing options...
flahute Posted June 24, 2018 Share Posted June 24, 2018 39 minutes ago, Charlutz said: Anyone noticed whether their favorite international retailers have increased the price on Blantons gold or sftb? The site I checked is now out of stock. Everyone loading up before the tariff goes into effect. Link to comment Share on other sites More sharing options...
musekatcher Posted June 24, 2018 Share Posted June 24, 2018 (edited) Doesn't a tariff discourage exports (on purpose), and create a surplus in the host country? That would be great, and reduce our prices state side, except - the only bourbon you find over seas is Jack Daniels, and maybe Makers Mark and Bookers, pretty much the only bourbon exports of any size. Oh, and I guess costs will go up on Canadian, Irish, and Scotch whiskeys. I'll miss Red Breast and Teelings... Edited June 24, 2018 by musekatcher Link to comment Share on other sites More sharing options...
Charlutz Posted June 24, 2018 Share Posted June 24, 2018 4 hours ago, flahute said: Everyone loading up before the tariff goes into effect. I had the same thought of bunkering but I’ve got one spare of sftb and wasn’t motivated enough. Apparently others were. Link to comment Share on other sites More sharing options...
Charlutz Posted June 24, 2018 Share Posted June 24, 2018 (edited) 3 hours ago, musekatcher said: Doesn't a tariff discourage exports (on purpose), and create a surplus in the host country? That would be great, and reduce our prices state side, except - the only bourbon you find over seas is Jack Daniels, and maybe Makers Mark and Bookers, pretty much the only bourbon exports of any size. Oh, and I guess costs will go up on Canadian, Irish, and Scotch whiskeys. I'll miss Red Breast and Teelings... Not necessarily. Remember, it’s a tax, so the price goes up to the European customer but Beam and BF and other distilleries don’t see increased profits from the increased prices. Take it a step further and if european sales go down, what will the distillery do to make up the lost revenue and profit from exports? No way to tell until it happens, but raising prices domestically isn’t inconceivable. Edited June 24, 2018 by Charlutz Link to comment Share on other sites More sharing options...
kevinbrink Posted June 25, 2018 Share Posted June 25, 2018 Many of the big guys moved extra inventory before the tariffs wen't into effect, Brown Forman confirmed they did, the biggest impact will be on the Craft Brands some of which rely heavily on the European market. Considering that many of the spirits companies are multi-national conglomerates I wonder what impact that has on the tariffs, in the case of Blanton's will Age International brands have less impact since they are Japanese owned. Link to comment Share on other sites More sharing options...
Charlutz Posted June 25, 2018 Share Posted June 25, 2018 I think (but don’t know for certain) that the tariffs are assessed based on where product is made. There’s an announcement today that Harley Davidson is moving some production to Europe to avoid some of the tariffs which would increase price of each motorcycle sold in EU (HD’s second biggest market) by about $2200. If that holds true for bourbon, unless it’s made overseas (and therefore not bourbon), it gets hit. EU and Chinese responses were specifically targeted to iconic American brands as well as agriculture, hitting states that voted for Trump. All's fair in love and trade wars I guess. Link to comment Share on other sites More sharing options...
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