Concerns Over US Tariffs on Spirits Imports
The Distilled Spirits Council of the United States, Spirits Canada, and the Mexican Chamber of the Tequila Industry have jointly voiced their concerns regarding the recent imposition of US tariffs on imported spirits from Canada and Mexico. They fear these tariffs will not only harm the spirits industry across North America but also lead to a detrimental cycle of retaliatory tariffs.
Call for Constructive Dialogue
In a unified statement, the groups emphasized the importance of engaging in constructive dialogue to address these concerns. They advocate for a proactive approach to maintain the thriving spirits industry across the continent and avoid negative impacts from potential retaliatory measures.
Background on Tariffs
The White House recently announced that President Trump is imposing a 25% tariff on Mexican imports and Canadian goods, along with a 10% tariff on energy resources. This move has sparked widespread concern among industry leaders about the future of North American trade relations and the spirits industry's stability.
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