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.
Jesus. So not only is trump directly hurting the American economy, he’s destroying actual American culture. I would say this event just makes trump’s literal destruction of the Whitehouse even more of an apt analogy of his relationship with America as a whole, but anything more than 100% is just excessive.
https://eathealthy365.com/the-surprising-owner-of-jim-beam-what-it-means-for-you/
Oh good, so in addition to what I mentioned it has direct economic impact overseas as well. Neat. Fun. We’re having so much fun with all the bigly winning and other buzzwords for seven year olds.
Harley Davidson too!
https://michiganross.umich.edu/rtia-articles/harley-davidson-move-shows-dangers-trump-trade-war
What was that about bringing back American manufacturing jobs again? They keep saying the wealth will trickle down, yet I don’t think the wealth was supposed to be in this liquid form we’ve been getting…
H-D was dying before Trump. They stopped development and prioritized stock buy backs and hired a shoe salesman to run the company as a premium brand.