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.
Trump probably understands economy, I think he messes around with trade so that him and his buddies can do some inside trading while throwing everyone else under the bus
No, Trump is a dumbass and has no plan. He said “tariffs” once and now he has to go all in on it no matter what because he can’t admit he was ever wrong about anything.
It’s just what it looks like to me, and that is way more evil than simply not understanding economy. Regardless, I agree with you that he’s a dumbass
That is what business is for him. That is what business is for most businessmen. It is an enterprise to ultimately just enrich themselves and their cronies, not to provide a service to many.
People who have been saying ‘we need a businessman, not a politician, for a president’ are either incredibly naive or incredibly evil.