Concerns Over Tariffs Impacting North American Spirits Industry

The Distilled Spirits Council of the United States, Spirits Canada, and the Mexican Chamber of the Tequila Industry have jointly expressed deep concerns regarding the newly imposed US tariffs on imported spirits from Canada and Mexico. They believe these tariffs will significantly harm the spirits industry across all three countries.

Call for Constructive Dialogue

In a unified statement, the groups emphasized the importance of engaging in constructive dialogue to address these concerns proactively. They aim to maintain a thriving spirits industry across North America and avoid a cycle of retaliatory tariffs that could negatively impact their shared industry.

Details of the Tariffs

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 its energy resources. This move has sparked widespread concern among industry leaders about the potential economic repercussions.