US Spirits Industry Expresses Concern 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 new US tariffs on imported spirits from Canada and Mexico. According to CNN, these groups fear that the tariffs will significantly harm the spirits industries across all three nations.

Call for Constructive Dialogue

In a joint statement, the organizations urged all parties involved to engage in constructive dialogue to address these concerns. They emphasized the importance of maintaining a thriving spirits industry across North America and warned against the potential for a cycle of retaliatory tariffs that could negatively impact the shared industry.

Trump's Tariff Announcement

This development follows the White House's announcement that US President Donald Trump is imposing a 25% tariff on Mexican imports, a 25% tariff on Canadian goods, and a 10% tariff on its energy resources. These measures have sparked widespread concern among industry leaders and stakeholders.