The officials will be shutting down the manufactures of iconic 230 year old whiskey brand “Jim Beam” which is a brand of Bourbon whiskey. This Jim Beam produced by James B. Beam Distilling Co. in Clermont, Kentucky and the name of the product changed in the honor of James B. Beam in 1943. The main reason for shutting down this whiskey is US tariffs and Canada has stopped buying American liquors. The American Tariffs are forced to cut the economical benefits on the liquor so markets of liquor will be down.
Jim Beam Shutting Down
The US made some changes in the tariffs in the year of 2025 by President Donald Trump and American Distilled Spirits Exports 2025 mid year reports shows the economical status of the markets in every sector. This report also shows the growth of the European Union, Canada, United States and Japan. The European Union cuts the US spirit exports in 2024 which is up to 70% total of the economical values and we can easily see the effects upon the liquor markets also.
Canada also stopped buying American liquor so the American exports plummeted up to 85% and falling below $10 millions in the 2025. Canada declined 68% of US spirit sales in the month of April 2025 so the imported spirits rose around 3.6% each against the liquor market. Due to this US tariffs, the largest markets fell 12% to $290.3 millions, UK dropped 29% to $26.9 millions and Japan losses 23% to $21.4 millions.
Through this decrement, the Jim Beam makes a huge decision to shut down the manufactures from the 1st January 2026. Due to this down in the liquor market, the whiskey consumption and export sales, productions will cease but the jim beam lovers can wait for the reopens of manufacturing. Jim Beam released the various varieties across the world which are Jim Beam Kentucky Straight Bourbon Whiskey, Jim Beam Black, Jim Beam Devil’s cut, Jim Beam Double Oak, Jim Beam Single Barrel and Jim Beam Winter Reserve etc.
FAQs On The Jim Beam Shutting Down
Is Jim Beam Going Out of Business from 1st Jan 2025?
No, Jim Beam is not going out of business from 1st Jan 2025.
Will there be any shortages in the productions of Jim Beam whiskey?
No, there are not any shortages in the productions of Jim Beam whiskey.
Can liquor brands get affected by the US tariffs in 2026 ?
Yes, the liquor brands get affected by the US tariffs in 2026.
