Trade Tensions Lead to “Steep” Declines in Spirits Exports to Key Markets

Dear Client: The current trade and tariff environment is taking a toll on exports. In the second quarter of calendar 2025 US spirits exports were down 9% compared to the same period last year, according to a new report from the Distilled Spirits Council.  "After celebrating a record year for US spirits exports in 2024, this new data is very troubling for US distillers," says DISCUS chief Chris Swonger. "Persistent trade tensions are having an immediate and adverse effect on