Whiskey Is a Target of Europe’s Retaliatory Tariffs. Brown-Forman Stock Slides.
The European Union plans to establish countermeasures in April that apply to products ranging from boats to bourbon.
Top Stock Movers Now: Tesla, Nvidia, Brown-Forman, and More
Key Takeaways U.S. equities were mixed at midday as the markets weighed a better-than-expected report on inflation and more tariff news.TSMC reportedly proposed a consortium to run Intel's chip-fabrication operations.
Brown-Forman's stock is getting punished by the EU's tariff on whiskey
Brown-Forman's stock was sinking 4.7% in recent trading, enough to pace the S&P 500's losers, after the European Union's plan of tariffs on U.S. whiskey. The stock was
EU Tariffs on American Whiskey Are Bad News for Brown-Forman
Shares of Jack Daniels maker Brown-Forman fell 7% Wednesday on news that the European Union would move forward with a 50% tariff on American whiskey in an escalating global trade war. The
US spirits industry warns of ‘debilitating’ retaliatory whiskey tariffs from Europe
The US spirits industry is bracing for pain after the European Union targeted American whiskey in retaliation against President Donald Trump’s steel and aluminum tariffs.
Brown-Forman downgraded by Morgan Stanley over tariff risks
Brown-Forman (BF-B, BF-A) — the alcohol maker behind brands like Jack Daniel's — received a downgrade to Underweight by Morgan Stanley analysts over concerns tied to US tariffs on Canada. Canadian stores have been reported to be pulling American liquor brands from their shelves in protest of Trump's trade policies.
Jack Daniel's layoffs happened before Trump's inauguration, tariffs
Brown-Forman, the parent company of Jack Daniel's, announced a 12% reduction of its workforce in January 2025.
Brown-Forman shares surge despite sales dip and tariff concerns
That’s despite a 3% drop in sales compared to the same period year-to-year. Brown-Forman CEO Lawson Whiting credited the ...
Brown-Forman Corp. Cl B stock underperforms Friday when compared to competitors despite daily gains
Brown-Forman Corp. Cl B closed 33.32% short of its 52-week high of $55.38, which the company achieved on March 11th.
Trump's 200% tariff threat on EU wine, alcohol would remove the products from the US
On Thursday morning, President Trump posted on Truth Social that if the EU didn't remove a 50% tariff on whiskey, the US would place a 200% tariff on wine, champagnes, and other alcoholic products.
Brussels has made EU liquor, beauty exports trade war targets, industries say
Europe's spirits and cosmetics industries hit back at the European Commission's plan to slap tariffs on U.S.-made goods on ...
Trump to place 200% tariffs on EU alcoholic products if EU tariffs not removed
The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a ...
Jack Daniels maker caught in middle of escalating EU/U.S. trade war
The European Union is going after U.S. whiskey with 50% tariffs following the U.S.'s recently announced 25% tariffs on steel and aluminium. In response, U.S. President Donald Trump is going after all ...
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Jack Daniel’s owner says Canada pulling alcohol from stores ‘worse than a tariff’
The CEO of Brown-Forman said he's worried the move by retailers, a retaliatory measure against Trump's trade policies, could ...