Craft distillers around the country are being hit by higher distilling input costs caused by inflation and looming tariffs on American whiskey, according to Distilled Spirits Council (DISCUS) CEO Chris Swonger.
"Consumers are still willing to spend a little more for that special bottle of spirits, but they are feeling the pinch in their wallets and are much more price conscious with their reduced discretionary dollars," Swonger told FOX Business.
For the first time in more than a decade of being in operation...