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International Business Times UK
International Business Times UK
Rohit David

$9 Billion Kentucky Whiskey Industry in Trouble With Wave of Bankruptcies: Is TikTok and Tariffs to Blame?

Whisky shelves

Kentucky's £6.7 billion ($9 billion) bourbon industry, a cornerstone of the state's economy, is facing a sobering reality as multiple distilleries file for bankruptcy amid falling demand, mounting debt, and trade disruptions.

With three major distilleries collapsing in just eight months, the crisis threatens over 23,000 jobs and a £1.2 billion ($1.6 billion) payroll.

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