US EditionUS alcohol brands caught up in middle of Canada-US tariff dispute
- In Washington D.C., President Donald Trump threatened new tariffs, including a potential 200% tariff on European alcohol if the EU did not scrap its retaliatory 50% tariff on American whiskeys related to a steel and aluminum dispute from his first administration.
- The alcohol industry, represented by figures like Chris Swonger of the Distilled Spirits Council, urged President Trump to exempt wine and liquor from tariffs through a petition campaign, while trade representatives discussed the uncertainty caused by tariffs.
- Kentucky lawmakers such as Senators Mitch McConnell and Rand Paul, and Governor Andy Beshear, spoke out against tariffs, echoing concerns that tariffs impose costs on economic operators that are passed down to consumers.
- President Trump defended tariffs as 'efficient' and bringing 'fairness,' while others hoped for reduced barriers to U.S. Products overseas, but the ongoing trade imbroglio, including a 25% tariff on Canadian goods, led to Canada retaliating by removing American alcohol from store shelves.
- Canada's retaliation, described by Jack Daniels' CEO Lawson Whiting as 'worse than a tariff,' is causing significant losses for American distilleries like Michter's and Diageo, and threatens smaller craft distilleries near the border, while also potentially spurring deregulation of Canada's alcohol market and a shift towards local consumption.
12 Articles
12 Articles
Explicit Canadian emails target bourbon maker as Trump's trade war intensifies
After U.S. President Donald Trump imposed tariffs on some Canadian goods, some provinces decided to pull American alcohol, including Kentucky bourbon off of store shelves. Louisville, Ky.'s Brough Brothers bourbon distillery has been getting angry emails after its co-founder was in the media speaking about the impact of tariffs.
‘It’s insulting’: Sen. Tim Kaine visits Richmond distillery, pushes to reverse Trump-era tariffs on alcohol
RICHMOND, Va. (WRIC) -- U.S. Senator Tim Kaine visited Reservoir Distillery in Richmond today to address the impact of former President Donald Trump’s tariffs on alcohol imports from Canada. Kaine's visit comes amid rising concerns over international trade tensions, as the European Union considers imposing a 50% tariff on American whiskey. In response, Trump has threatened a 200% tariff on all beers, wines and spirits imported from the EU’s 27 m…
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