tariffs

One year after Canada removed U.S. spirits products from shelves in response to President Trump's tariffs, new data from the Distilled Spirits Council of the United States (DISCUS) shows American spirits exports have plunged 70% (March-December.).  "The damage to American distillers is unmistakable,” said Chris

"Liberation Day," the day President Trump began imposing tariffs of various sizes on our best trading partners and allies, was April 1, 2025. But lest you forget, he was stirring the pot earlier, imposing a 25% tariff on Canadian exports. Canada responded. Canadian provinces began removing U.S.

Introduction of customs duties by the U.S. and adverse exchange-rate conditions last year led to a 21% reduction in sales of French wines and spirits to the U.S. in 2025, FEVS. the Federation for Exporters of Wines & Spirits of France, said. Volumes fell below the 30

The European Union extended until Aug. 6 its retaliatory tariff, Christine LoCascio, chief, policy, strategy & membership, Distilled Spirits Council of the U.S., told DISCUS's "State of Spirits" briefing. That's important because the EU is the U.S.'s largest spirits export

The secretary-general of NATO negotiated a deal President Trump didn't know he could have: Military bases in Greenland as sovereign territory of the United States – without invading or buying the island. It's the same arrangement the United Kingdom has with Malta. After flip-flopping on

While the Dow Jones Industrial Average fell 1.75% and the S&P 500 closed down 2.1% in response to President Trump's latest threats to increase tariffs on French wine and spirits 200% and on all imports from eight European countries by 10% immediately if Denmark