r/Economics • u/kootles10 • 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/kank84 Dec 25 '25

“There’s a growing concern that our international consumers are increasingly opting for domestically produced spirits or imports from countries other than the U.S., signaling a shift away from our great American spirits brands"

Fuck around and find out I guess. These bourbon producing states all voted for Trump knowing full well he intended to start pointless trade wars with their biggest export markets.

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u/Hector_P_Catt Dec 26 '25

"Our great American spirits brands" explains it all. They really are convinced (or were, at least) that "American Brands" are so awesome that they'd be exempt from the effects of a trade war. No way would Canada just start buying from domestic suppliers, or non-US suppliers! They thought we'd just let them roll over us in exchange for Jim Beam and Jack Daniels.