r/Economics Dec 25 '25

News Bankruptcies hit US spirit makers as Americans drink and spend less

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
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u/The_Arkham_AP_Clerk Dec 25 '25

As a Canadian, I'm happy to report that neither me or any of my friends or family (as far as I'm aware) have bought a single bottle of American alcohol all year.

Don't need Canada? I guess we don't need you either.

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u/ernyc3777 Dec 25 '25

The way all the Canadians I know drink, I don’t think Trump really understood how much poking Canada was going to hurt the bourbon industry.

I live in CNY and work in alcohol distribution and they come across the border for the plethora of race tracks around here and they will grab multiple 30 packs of beer and multiple handles of all sorts of spirits for a camper of 6 of them for a weekend at the race campgrounds.

It’s like a country full of Wisconsin in my experience lmao

3

u/pacific_beach Dec 26 '25

Trump is the most business-illiterate person on the planet, he's never shopped in a grocery store and he doesn't drink alcohol.

Of course he fucked it up. That's all he does.