Trump’s Canada trade war hits Jack Daniel’s and Jim Beam with a devastating $143 million loss
Trump’s Canada trade war hits Jack Daniel’s and Jim Beam with a devastating $143 million loss
After provinces removed U.S. spirits from store shelves during a tariff clash with the Trump administration, whiskey exports plunged nearly 70 percent.
[Illustration: Inc.; Photos: Getty Images; Samira Cirillo via Wikimedia Commons]
Last year, Canada was one of the most reliable international buyers of American whiskey. Now it’s become one of the industry’s biggest losses.U.S. spirits exports to Canada have plunged by nearly 70 percent, collapsing from what had been a roughly $250 million annual market for........
