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Republican Sens. Mitch McConnell and Rand Paul of Kentucky praised the U.S. Supreme Court ruling striking down President Donald Trump’s emergency tariffs.
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After more than a decade of expansion, the latest report from the Kentucky Distillers’ Association says decreases in demand for bourbon and other spirits brought on by trade policies and shifting consumer tastes could slow growth in one of the Bluegrass State’s signature industries.
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The president of the American Soybean Association says the $12 billion payments will help farmers, but will not make up for the harms caused by trade wars and increased costs.
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LOUISVILLE, Ky. (AP) — GE Appliances says it has awarded more than $150 million in new contracts to U.S. suppliers as a result of its decision to shift production from China to Kentucky. It says the contracts range from $330,000 to $41 million, span 10 states and cover crucial segments of the supplier chain for washer and dryer production.
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While visiting Murray State University on Wednesday as part of a week-long education initiative, Kentucky Agriculture Commissioner Jonathan Shell also spoke about how tariffs are impacting Kentucky farmers and how the state agriculture department is advocating for those workers.
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As tariffs and trade deals seem to change and shift day by day, Kentucky businesses are scrambling to figure out a strategy. Meanwhile, a few of Kentucky’s federal lawmakers have been some of the most outspoken conservative opposition to the president’s economic platform.
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President Donald Trump’s growing trade war with China is putting added stress on American soybean farmers’ already tight margins.
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As the U.S. remains embattled in an ever-changing trade war with Canada and tariffs from the European Union loom, bourbon makers in Kentucky are trying to find their footing and plan a path forward.
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Kentucky businesses are feeling the impacts of President Donald Trump’s steel and aluminum tariffs — even when they use metal made in America.
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An escalating trade war between the U.S. and Canada saw American-made spirits banned from sale in Ontario. Distilleries in Kentucky are bracing for the fallout.