Shiranjara Tiwari

I want to be a normal kid.

I want to go to school.

There's a few things at play, but it does seem that Jim Beam, which is one of the largest makers of American whiskey globally, is one of the casualties of Donald Trump's trade war.

Now, the distiller has said that uncertainty over trade, the inability to plan its business has impacted its own business and operations.

And that's one of the reasons it's pausing production for the next year and

its main distillery in Kentucky.

Now, there are other things as well, like, for example, this whiskey is made in barrels.

And there is basically an oversupply of these barrels in the state of Kentucky.

And they are taxed at a higher rate the older they get.

So when you think about aged whiskey, they actually become more valuable the longer they stay.

But one of the reasons there is this oversupply is because of lower sales.

People just aren't buying whiskey.

Now, one of the reasons, yes, again, is tariffs and the trade war.

It's impacted demand and people's ability or desire to spend money on things like alcohol.

But we're also still living in a cost of living crisis.

Prices are still high.

And therefore, again, people, consumers are pulling back on spending on things like alcohol.

Yeah, so what's happened with Donald Trump's trade war ever since he announced those Liberation Day tariffs back in April is all these countries and negotiators have been trying to bash out some sort of deal to agree on a tariff.

But in the meantime, these businesses, they're not able to plan their negotiations.

next year or their following year supply and some industries like you know distilleries and alcohol makers which take the production process takes years also automakers plane makers all these manufacturers they have to plan years in advance so all of this uncertainty has just caused this chaos but there's another thing really affecting this industry liquor