The Effects of Tariffs

The Effects of Tariffs

Author: Cato Institute July 31, 2025 Duration: 44:37
Cato Event Podcast
NewsCommentaryGovernmentPolitics

Join us at the Cato Institute for a conversation on the complex and uncertain US tariff situation and the policies’ effects, especially for the American wine and spirits industries.


In Kentucky, bourbon has long been a source of local pride and economic growth, contributing $9 billion annually and supporting 23,000 jobs. Similarly, the Virginia wine industry has exploded over the past 30 years, today accounting for $1.73 billion in annual sales and more than 10,000 jobs. These industries now face economic headwinds because of US tariffs on key production inputs, foreign retaliation against their exports, and weakened distribution channels here and abroad.


The challenges faced by American wine and bourbon producers are emblematic of the issues American farmers and manufacturers in many other industries must now face.


This discussion will offer unique insights, examining the legal, economic, and political challenges that tariffs present as well as alternative paths forward.

There will be a tasting of a variety of domestic wines and bourbons immediately following the discussion.

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Step inside the Cato Institute's renowned Washington, D.C. events without leaving your desk. The Cato Event Podcast brings the lecture hall and briefing room directly to you, featuring unfiltered audio from live policy forums, author discussions, and Capitol Hill briefings. Each episode captures the substance of these gatherings, where scholars, policymakers, and leading thinkers engage in detailed conversations about liberty, governance, and current affairs. You'll hear substantive debates and thoughtful commentary that cut through the noise of daily headlines, offering deeper analysis on the issues shaping legislation and public discourse. This isn't a produced studio show; it's a front-row seat to the kind of candid exchanges that happen when experts gather to challenge conventional wisdom. The Cato Institute, through this podcast, provides a direct conduit to these discussions, emphasizing a perspective rooted in individual freedom, limited government, and free markets. Tune in for a raw, intellectual experience that goes beyond soundbites, perfect for anyone who wants to understand the foundational ideas behind today's political news.
Author: Language: English Episodes: 100

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