Cold Shoulder from Canada Costs American Distillers
Exports of spirits to Canada have plunged 85% earlier this year, with declines also seen in other markets, according to an industry group.
American distillers are struggling with global trade tensions, and even a thaw in trade relations may not immediately resolve the issue, said
“Even though things have eased up, we still are not back on the shelf in Canada,”said Kentucky craft distiller Tom Bard.
“Probably won’t be for a good long while.”
The majority of Canadian provinces continue to ban American spirits from shelves, despite Canada removing its retaliatory tariff on the products weeks ago, according to the Distilled Spirits Council of the United States.
Another concern is that consumer reaction to trade conflicts could curb the international demand for American spirits in key markets.
Author's summary: US distillers face costly trade tensions.