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Price of Jack Daniel’s could go up 10% because of new trade tariffs

Jack Daniel’s EU price will rise near 10% in view of trade barriers put in place by the bloc, according to the whiskey producer.

A range of U.S. goods, among which are motorbikes, orange juice, and whiskey, came under a 25% duty imposed by the Union’s administration, a retaliatory measure to American tariffs on steel and aluminum.

Prices are forecasted to run up by 10% after distributors start running out of stored amounts during the next few months, yesterday said a spokesperson for Brown-Foreman, a parent firm for Jack Daniel's.

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