Your favorite cocktail could be an unexpected casualty of Trump's looming trade fight
President Donald Trump's latest trade fight with Canada could soon spill into your cocktail glass, with a looming 50% tariff on Canadian spirits putting bars, restaurants and liquor stores on edge.Chris Swonger, president and CEO of the Distilled Spirits Council, said the stakes cut both ways, saying the tariff could hit U.S. hospitality businesses while also potentially pressuring Canada to put American spirits back on its shelves."First and foremost, great thanks to President Trump because he has recognized that our industry has lost 73% of our American distilled spirits exports to Canada as a result of the provincial ban of purchasing American distilled spirits," Swonger told Fox News Digital."We are hopeful that an agreement will be made between the Trump administration and Canadian politicians to put American spirits back on the shelves," he added.FROM BOURBON TO BORDEAUX: TRUMP'S TARIFFS SPILL INTO GLOBAL BOOZE MARKETSThe new tariff threat marks the latest escalation in a trade fight that has already sent U.S.
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President Donald Trump's latest trade fight with Canada could soon spill into your cocktail glass, with a looming 50% tariff on Canadian spirits putting bars, restaurants and liquor stores on edge.Chris Swonger, president and CEO of the Distilled Spirits Council, said the stakes cut both ways, saying the tariff could hit U.S. hospitality businesses while also potentially pressuring Canada to put American spirits back on its shelves."First and foremost, great thanks to President Trump because he has recognized that our industry has lost 73% of our American distilled spirits exports to Canada as a result of the provincial ban of purchasing American distilled spirits," Swonger told Fox News Digital."We are hopeful that an agreement will be made between the Trump administration and Canadian politicians to put American spirits back on the shelves," he added.FROM BOURBON TO BORDEAUX: TRUMP'S TARIFFS SPILL INTO GLOBAL BOOZE MARKETSThe new tariff threat marks the latest escalation in a trade fight that has already sent U.S. spirits exports to Canada plunging. In retaliation for earlier U.S.
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- What's the story?
- President Donald Trump's latest trade fight with Canada could soon spill into your cocktail glass, with a looming 50% tariff on Canadian spirits putting bars, restaurants and liquor stores on edge.Chris Swonger, president and CEO of the Distilled Spirits Council, said the stakes cut both ways, saying the tariff could hit U.S. hospitality businesses while also potentially pressuring Canada to put American spirits back on its shelves."First and foremost, great thanks to President Trump because he has recognized that our industry has lost 73% of our American distilled spirits exports to Canada as a result of the provincial ban of purchasing American distilled spirits," Swonger told Fox News Digital."We are hopeful that an agreement will be made between the Trump administration and Canadian politicians to put American spirits back on the shelves," he added.FROM BOURBON TO BORDEAUX: TRUMP'S TARIFFS SPILL INTO GLOBAL BOOZE MARKETSThe new tariff threat marks the latest escalation in a trade fight that has already sent U.S.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- just now ago.
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Your favorite cocktail could be an unexpected casualty of Trump's looming trade fight
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