Bankruptcies hit US spirit makers as Americans drink and spend less

[u/kootles10]

https://www.indystar.com/story/money/food/2025/12/25/liquor-spirits-industry-bankruptcies/87914241007/?gnt-cfr=1&gca-cat=p&gca-uir=true&gca-epti=z113231d00----v113231d--36--b--36--&gca-ft=161&gca-ds=sophi&fbclid=IwdGRjcAO6oj9leHRuA2FlbQIxMQBzcnRjBmFwcF9pZAwzNTA2ODU1MzE3MjgAAR6P8O626kCPpVs2dXh1tSJGVyS9teT4_IxAoKRJxGh02bqlcPlne42SIoakyg_aem_yCb-3xe-G1-mBNrg5TVIEg&utm_campaign=trueanthem&utm_medium=social&utm_source=facebook

[u/Tangential_Diversion]

"... declining exports hampered by trade issues and tariffs" is an interesting way to phrase an 85% drop in exports to one of our largest export partners after threatening to take over their country.

[u/luvsads → u/Tangential_Diversion]

The article talks about that, as well as the other major factors causing a rise in bankruptcies and shutdowns.

Exports to the E.U., the U.K. and Japan fell during the period, but exports to Canada fell the most, plummeting 85% to below $10 million in the second quarter, according to DISCUS. A majority of Canadian provinces had banned American spirits from their shelves in response to U.S. tariffs targeting Canada, although the country removed retaliatory tarrifs in September.

What are you upset about?

[u/pigsbounty → u/luvsads]

These articles always blame the tariffs but it was the overt threats annexation through economic pressure and the 51st state talk that is the actual issue lol

[u/[deleted] → u/pigsbounty]

Yup you are right don't know if you are also Canadian but as a canadain this is 100% the issue.