Trade war with Canada has contributed to a significant decline in U.S. liquor sales

Jim Beam, one of the largest makers of American whiskey globally, is shutting down bourbon production at one of its Kentucky distilleries for a year.

The move comes amid Donald Trump’s trade war with Canada, which has contributed to a significant decline in U.S. liquor sales after the country ushered in a boycott of American booze, and as more young adults are cutting back on drinking.

Jim Beam, owned by Suntory Global Spirits, is one of Kentucky’s biggest bourbon producers.

The Bluegrass state’s $9 billion whiskey bourbon industry has been struggling to manage its abundant supply of liquor against the drop in demand.

  • redlemace@lemmy.world
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    13 hours ago

    Canada and the U.S. have since agreed to launch formal discussions to review their trade agreement

    I don’t think that’s gonna make a difference anymore. Reverting the 2025 decisions will not revert things. The sentiment has changed among the common people.

    • LordMayor@piefed.social
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      13 hours ago

      It’s abuser logic. “If I stop hitting you, we’re cool. There’s no problem, anymore. That is until I decide to hit you again.”

      That doesn’t work on everyone and eventually someone will hit back harder or gang up and take them down. Unfortunately, people let them get away with it for too long.

      • Echo Dot@feddit.uk
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        3 hours ago

        That does seem to be the logic of even people on the left of American politics.

        They seem to think that voting for democrats will change anything. Nah, they need to fix their damn stupid political system before anyone will trust them again. Except of course they won’t because of a 250-year-old document who’s authors would be amazed to find has become almost religious dogma.

      • sp3ctr4l@lemmy.dbzer0.com
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        11 hours ago

        Yeah, but try explaining to an abusive narcissist that… they have to actually show a real dedication to changing themselves, and making things right.

        You basically can’t, because the idea that they could be flawed or mistaken in a fundamental way… well, that’s basically incomprehensible to them, beyond being some kind of insult toward them.

    • cogman@lemmy.world
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      13 hours ago

      Yup. It’s something that won’t be fixed for decades. Trump has seriously damaged the ability for the US to do international trade.

      • redlemace@lemmy.world
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        1 hour ago

        Yup. It’s something that won’t be fixed for decades. Trump has seriously damaged the ability for the US to do international trade.

        He went way beyond just trade affairs.

    • azimir@lemmy.ml
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      13 hours ago

      So far Canadians have been smart enough to hold the line. Don’t bend and don’t believe the liars in charge of the US. This administration would gladly invade anyone and subjugate them.

      Never 51. Elbows Up, Canada. It’s time to line brawl on the ice.

        • Echo Dot@feddit.uk
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          3 hours ago

          Even if I thought like that, there are other Disney parks in other parts of the world where they don’t arrest you for trying to enter legally.

      • rayyy@piefed.social
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        10 hours ago

        Canada has got this. They have shifted to trade with more stable countries and had ramped up local distilleries. They are not being mean but rather strategic.

        • azimir@lemmy.ml
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          1 hour ago

          That I can definitely agree with. US manufacturing is so crippled by capitalism that the results are squeezed into barely functional pieces of shit. Efficiency for the shareholders is king.

          I’m always glad to see when someone like Canada has some pride in their products and not just making the shittiest thing that’ll still sell.

    • IninewCrow@lemmy.ca
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      12 hours ago

      … also the price of things.

      Corporations especially grocers just got a big chance to raise prices … even if the tariffs go away, none of them will bring the prices down again. They’ll just pocket the difference and let everyone pay the new high prices which will stay in place.

      • Tollana1234567@lemmy.today
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        3 hours ago

        what they did during/after covid was shrinkflation/cheapflationed thier products. it was very noticeable in consumables like toileteries/laundry, toothpaste, etc.