However, American Whiskey received no such reprieve. The U.S.’ signature spirit will still be subject to 25% tariffs in the E.U. and U.K. If no resolution is reached by June 1, those taxes will double to 50%.
As older readers may recall, Foxx has a wealth of experience in the spirits field. In 2009, the actor and musician teamed up with T-Pain for the somewhat date-rapey autotune, ‘Blame It [on the alcohol]’.
“The number of shares to be offered and the price range for the proposed offering have not yet been determined,” the vineyard explained in a press release. “Duckhorn intends to apply to list its common stock on the New York Stock Exchange under the symbol ‘NAPA.’”