Concerns Over New Tariffs

The Distilled Spirits Council of the United States, alongside Spirits Canada and the Mexican Chamber of the Tequila Industry, has voiced deep concerns regarding the recent imposition of US tariffs on imported spirits from Canada and Mexico. These groups believe that such measures will significantly harm the spirits industry across all three nations.

Call for Dialogue

In a joint statement, the organizations urged all involved parties to engage in constructive dialogue to proactively address these concerns. They emphasized the importance of maintaining a commitment to a thriving spirits industry across North America and expressed fears that the tariffs could lead to a detrimental cycle of retaliatory tariffs.

Background on Tariffs

The White House recently announced that President Trump is imposing a 25% tariff on Mexican imports and Canadian goods, alongside a 10% tariff on energy resources. This move has sparked widespread concern among industry leaders about the potential negative impacts on trade relations and the economy.