BUSINESSFOX NEWS POLITICS
Your favorite cocktail could be an unexpected casualty of Trump's looming trade fight
A looming trade fight between President Donald Trump and Canada threatens a 50% tariff on Canadian spirits, putting the hospitality industry at risk. This conflict has already caused U.S. spirits exports to Canada to plunge from $203 million in 2024 to $60 million in 2025. Industry leaders hope that the threat of steep tariffs can pressure Canadian officials into reopening their market for American spirits.
Mentioned
Related Signal
Adjacent reporting
- Your favorite cocktail could be an unexpected casualty of Trump's looming trade fight
- Trump's tariff threat could impact Canadian economy but may be negotiation tactic, experts say
- Trump’s tariff threat could impact Canadian economy but may be negotiation tactic, experts say
- Trump's tariff threat could impact Canadian economy but may be negotiation tactic, experts say
- Trump edges back to tariff maximalism to sway trade talks
- Trump’s Canada tariffs complicate trade talks