Cold shoulder from Canada is costly for American distillers struggling with global trade (copy)
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3 Articles
Cold shoulder from Canada is costly for American distillers struggling with global trade (copy)
American distillers got a cold shoulder from Canada, where their exports plunged 85% this year — topping declines in international markets amid global trade tensions, a spirits industry group said.
US Commerce Secretary Pressures Canada Over Alcohol Ban as Trade Tensions Escalate
US Commerce Secretary Howard Lutnick took an aggressive stance against Ontario’s retaliatory alcohol ban and Canada’s auto manufacturing sector during a closed-door discussion at a US-Canada summit this week, calling the province’s removal of American products from liquor shelves a “negative” that Canada needs to address. During his virtual remarks to the BMO and Eurasia Group summit, Lutnick indicated the administration seeks to move more vehic…
Donald Trump policies affect alcohol trade
Exports of American spirits recorded a significant decline in the second quarter of this year. According to a report by the Distilled Spirits Council of the USA (DISCUS), exports fell nine percent, a sharp turnaround from the positive results of 2024. Trade tensions have affected key markets, including the European Union, Canada, Britain and Japan, which together account for about 70 percent of total exports by value. The biggest drop was observ…
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