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flag A government shutdown halted key whisky approvals, while trade tensions and oversupply hurt U.S. spirits exports and sales.

flag A government shutdown beginning October 1, 2025, has furloughed 87% of the TTB’s staff, halting key functions like permit and label approvals, threatening delays in whisky product launches. flag Meanwhile, U.S. spirits exports fell 9% in Q2 2025 due to trade tensions, with major markets like the EU, Canada, U.K., and Japan seeing sharp declines. flag Domestic inventories of whiskey have tripled since 2012, exceeding demand. flag Constellation Brands reported a 15% drop in net organic sales, driven by a struggling beer business and declining wine and spirits volumes, with projected further losses in 2026 amid socioeconomic pressures and portfolio streamlining.

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