Relief package ‘not nearly enough’ to save US on-trade
23rd December, 2020 by Nicola Carruthers
The US pandemic funding bill failed to provide enough support for bars and guarantees the closure of businesses, trade group the American Beverage Licensees has warned.
From March 2020 to December 2020, on-trade sales of beer, wine and spirits are expected to fall by US$74bn
On Monday (21 December), the US Congress passed a US$900 billion package of Covid-19 aid, which included the Craft Beverage Modernization and Tax Reform Act (CBMTRA). The tax cut for small distillers was made permanent following a one-year extension at the end of 2019.