They’ve suffered shrinking exports since the last half of 2018 due to tariffs in key markets.
Overall exports of bourbon, Tennessee whiskey and rye whiskey fell 11% during the second half of 2018.
Once surging sales to EU, the industry’s biggest export market, fell by 8.7% from July through November.
Nine global distilled spirits organizations issue a resolution urging the “prompt removal” of recent tariffs.
They fear the tariffs could spark reciprocal levies just as Americans embrace the lighter-tasting Canadian spirit.
Small and mid-sized companies are especially vulnerable; they lack the ability to stockpile reserves and take other protective steps.
Distilleries filled nearly 1.9 million barrels last year, the highest level since 1967.
Top brands account for more than $45 billion in worldwide sales.