Concerns Over Tariff Impact on North American Spirits Industry

The Distilled Spirits Council of the United States, alongside Spirits Canada and the Mexican Chamber of the Tequila Industry, has expressed deep concerns regarding the recent imposition of US tariffs on spirits imported from Canada and Mexico. The groups fear that these tariffs will significantly harm the spirits industries in all three countries.

Call for Constructive Dialogue

In a joint statement, the organizations urged all parties involved to engage in constructive dialogue. They emphasized the importance of addressing these concerns proactively to maintain a thriving spirits industry across North America. The statement highlighted the potential for a cycle of retaliatory tariffs that could negatively impact the shared industry.

Recent Tariff Announcements

The White House recently announced that President Trump is imposing a 25% tariff on Mexican imports, a 25% tariff on Canadian goods, and a 10% tariff on energy resources. These measures have sparked concerns among industry leaders about the potential for increased tensions and economic repercussions.