Page 5 - Don Bourbon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Maximizing the political impact. on bourbon, made in the home state of mish mcconnell. cranberries, peanut butter. harley davidson, an iconic u.s. brand with cache around the world and harley davidson doesn't need to move it to europe. just out of the u.s. have plants in brazil. production in thailand. as long as they're doing business from somewhere not the u.s. able to avoid the tariff causing production to move out of the united states. >> house speaker paul ryan responded to the news through a spokeswoman. further proof of the harm from unilateral tariffs. best way to help american workers...

With tariffs on bourbon. we'll talk to one local distiller how his business could bear the brunt of the trade war and voters in the palmetto state hit the polls for tuesday's primary. we'll take a look at one crowded race to replace south carolina congressman trey gowdy. ♪ but as it grew bigger and bigger, it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. and that 2% cash back adds up to thousands of dollars each year... so i can keep growing my business in big leaps! what's in your...

Would have your own party leaders on board. if this were easy, conservative economists would be lining up to support it. they are not. you need industry support, but aside from steel and aluminum makers, it hasn't happened so far. the beer institute ceo said tariffs would cost the beverage industry and lead to thousands of layoff. goldman sachs estimates a tariff to cost ford and general motors a billion dollars a year. if a trade war were easy there would be no threat of retaliation on american products. if 2 were easy, the head of the urn commission would not be saying this. >> translator: s...

>>chris: if i may ask the question now. that may be your argument but the european union for instance doesn't believe it. they say they've already assembled a package of tariffs. 25 percent tariffs on three and have billion dollars of u.s. exports. the head of the european commission said this, we will put tariffs on harley-davidson. on bourbon and on blue jeans. levi's. question, is he bluffing? >> they already have tariffs on them. if you go to india, there's been hundred percent tariff on our harleys. >>chris: i'm asking about the european union. do you believe he's bluffing? >> we need to ...

>> sure, but that makes an implicit assumption that's false. and the false assumption is that just because there are more people in the consuming industries, there will be a net loss of jobs. that's not the case at all. >> okay. we're going to have retaliations on blue jeans, on harley davidsons, on bourbon, retaliations with canada. what part of this doesn't turn into just a massive tax increase on consumers? >> well, what are we talking about right now? we're talking about a fraction of a penny on a can of beer. >> that's if nothing is retaliated, though, mr. secretary, and right now europea...