Business experts discuss tariff impacts on Kentucky
- President Donald Trump has imposed tariffs on imports from Canada, Mexico, and China, which could lead to higher prices and lower supplies, impacting the Kentucky economy.
- The Kentucky Chamber of Commerce estimates these tariffs may cost the average Kentuckian up to $1,200 per year and could result in job losses.
- Kentucky's bourbon industry, vital to the state's economy, faces potential retaliation and higher production costs due to the tariffs.
- Kentucky Democratic Governor Andy Beshear warned that the tariffs will hurt working families and affect all segments contributing to bourbon production.
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