14 November 2019 - Steve Matthews (Bloomberg)
After Europe retaliated with tariffs on Kentucky bourbon in response to President Donald Trump’s trade war, the James E. Pepper distillery in Lexington so far this year has suffered a more than 20% sales decline internationally.
“We’re collateral damage,” said Amir Peay, the 42-year-old owner. While tensions may be easing, “what we need is stability. I can’t make long-term decisions about capital allocation, about hiring people, about where to grow my business if I don’t have certainty and stability. We have none of that.”