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Trump Warns Of 200% Tariff On French Champagne And EU Spirits In Retaliation To Europe's Tariff On US Whiskey
Thursday, March 13, 2025 - 9:22am | 604U.S. President Donald Trump has threatened to impose a 200% tariff on alcoholic products from the European Union, in response to a 50% tariff on whisky by the EU. What Happened: On Thursday, Trump took to his Truth Social to express his dissatisfaction with the European Union, which...
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Whiskey Wave Rises With New Regulations In India, Middle East
Friday, July 12, 2024 - 12:14pm | 737The whiskey industry is witnessing a surge in global demand, driven in part by recent regulatory changes in international markets. Notably, the Middle East and India have become crucial players, altering the dynamics of whiskey production and distribution. India’s Ascendancy in Whiskey...
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Whiskey's Best Kept Secret: Independent Bottlers Bring New Flavors To Market
Thursday, July 11, 2024 - 4:26pm | 623The whiskey industry is witnessing increased diversity and enhanced quality, particularly attributed to independent bottlers like The Single Cask. These entities are instrumental in introducing distinct, single-cask whiskeys to the market, offering consumers a wide range of flavors and profiles...
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Capitalize On The Whiskey Renaissance: How Investors Can Tap Into Growing Trend
Tuesday, July 9, 2024 - 9:33am | 545Whiskey is seeing unprecedented growth, drawing attention from investors worldwide. As global alcohol consumption continues to rise, the whiskey market stands out with its expanding demand. Benzinga’s upcoming virtual event, The Rising Demand for Whiskey: How Investors Can Capitalize on the...
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US Whiskey Producers Bracing For Potentially Devastating EU Tariffs Amid Trade Dispute: 'We're Just Collateral Damage'
Tuesday, November 28, 2023 - 5:33am | 640The U.S. whiskey industry is bracing for a potential blow as tariffs from the European Union (EU) threaten to increase to 50% on every bottle shipped across the Atlantic starting in 2024. The EU’s looming tariff threat, as reported by The Wall Street Journal, comes as a retaliatory move...
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161% Return In Just Two Years: Investors Are Cashing In On The Growing Whiskey Market
Thursday, May 4, 2023 - 11:27am | 627Last year, a cask of The Macallan 18-Year-Old Single Malt Scotch Whisky shot up in value to the great joy of its owners, who saw a 161% return in only two years. Older whiskies often score even greater returns, such as the 1961 Bowmore 50-Year-Old Single Malt Scotch Whisky, whose price spiked by 61...
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Last Call To Invest In This Collection Of Rare Karuizawa Whiskey
Monday, September 26, 2022 - 1:21pm | 375Fine wine and collectible whiskys often are correlated to France and Scotland. But Japan has been making headway in the luxury alcohol department and is one of the major exporters of liquor globally. Japanese whisky sales to the U.S. have increased 50 times since 2010 and were valued at $50...
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24-Year-Old Cask Of Whisky Sells for $120K, Investors Net 35.5% Annualized Return
Wednesday, September 21, 2022 - 10:39am | 360Investors recently realized a return on shares purchased in the Bownmore Cask Collection after a sale of the rare whisky was completed. The 24-year-old world-class single-malt whisky collection was initially priced at $94,000, with 2,000 shares issued at $47 each. The collection is expected...
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This $105K Bottle Of Scotch Has Gained Over 20% In Value This Year
Tuesday, September 20, 2022 - 2:42pm | 377Investing in whisky has been more profitable than wine investments lately. Over the past five years, premier whiskys have delivered over 98% returns, while fine wine prices have appreciated by only 58%. The Macallan Red Collection, which comprises a 71-year-old Macallan malt whisky, has surged by...
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15 Best Whiskeys To Sip And Savor — Plus Zinger Nation Weighs In On Their Favs (Is Yours On The List?)
Friday, February 4, 2022 - 6:00pm | 879Rebellions, such as the Whiskey Rebellion of 1794, have been fueled by it and such noted figures as Frank Sinatra, Ava Gardner (who said she wanted to die with a cigarette and whiskey in hand), Mark Twain, William Faulkner and Sir Winston Churchill used whiskey to enliven or tame their souls....
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Trade Tariffs Slow Pour Of American Whiskey Exports
Wednesday, February 12, 2020 - 6:09pm | 493The Distilled Spirits Council of the United States (DISCUS) warned on Wednesday during its annual economic briefing in New York that a decade of expanding American whiskey exports is about to be bottled up by an ongoing U.S. trade war with the European Union. "The data is clear. These tariffs are...
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Recognizing Kentucky Bourbon And Tennessee Whiskey In Bolivia
Wednesday, January 29, 2020 - 5:11pm | 580The U.S. and Bolivian governments are reinvigorating their desire for enhanced bilateral trade ties by mutually recognizing each other's national alcoholic beverages. Deputy U.S. Trade Representative C.J. Mahoney and Karen Longaric, Bolivia's foreign minister, exchanged letters in Washington on...
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Whiskey A Go Go: Make A Toast With This New ETF
Thursday, October 13, 2016 - 6:40am | 407For investors wondering if a sin stocks exchange-traded fund would ever be reborn, the next best thing may have come to town Wednesday with the debut of the Spirited Funds/ETFMG Whiskey and Spirits ETF (NYSE: WSKY). WSKY tracks the the Spirited Funds/ETFMG Whiskey & Spirits Index, an index...
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Citi's Favorite Alcoholic Beverage Stock
Wednesday, February 25, 2015 - 12:59pm | 336Analysts at Citi recently attended the Whiskies & Spirits Conference in New York City. The analysts released a report this week outlining their take on the alcoholic beverage industry and naming their top stock pick in the space. Spirits Continue To Gain Share Spirits now represent more...
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Short USD, Short EUR, But Buy Gold, Equities, Cigs, and Whiskey
Tuesday, August 2, 2011 - 11:54am | 725FRANKFURT - I've proven that even a fool can make a lot of money in the market. I've also proven that "a foole and his money is soone parted." This morning, I was sitting outside of a café on Berger Straße, sipping on a latte and pretending my pen was a cigarette. I watched high-end branded...