Shutdown Showdown & Michter’s Whiskey on EU Tariffs 12/20/24
Shutdown Showdown & Michter’s Whiskey on EU Tariffs 12/20/24  
Podcast: Squawk Pod
Published On: Fri Dec 20 2024
Description: A government shutdown looms this Friday, and Congress is scrambling to find a funding bill that both parties will approve. The rush comes after President-elect Trump (and Elon Musk) scrapped a bill, and then a short term bill backed by both Trump and Musk failed to pass on Thursday. Emily Wilkins reports from DC on plans for “plan C,” and Senator Markwayne Mullin (R-Oklahoma) discusses the likelihood of another funding fight after the holidays. Kentucky distiller Michter’s is bracing for the possibility of a 50% tariffs on exports to the EU. CEO Joe Magliocco explains the strain of tariffs on the whiskey business, as well as President-elect Trump’s overnight tariff threat to the European Union. Plus, there’s a new bipartisan push to extend the deadline to ban TikTok.  Sen. Markwayne Mullin - 18:17Emily Wilkins - 27:33Joe Magliocco - 33:47  In this episode:Sen. Markwayne Mullin, @SenMullinBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.