Overview: President Donald Trump announced new 50 percent tariffs on Canadian imports following collapsed trade talks. Crown Royal whisky is among the goods affected by this economic shift between the United States and Canada.
The Full Story
Officials in most Canadian provinces removed U.S. wine and spirits from government-run stores and placed tariffs on some U.S. products. Prime Minister Mark Carney labeled the move a miscalculation, promising reciprocal measures dollar for dollar.
Negotiators spent weeks attempting to secure an agreement before President Donald Trump announced the tariffs last month. An array of imports are subject to new 50 percent tariffs after U.S.-Canada trade talks collapsed on Saturday.
What This Means
Crown Royal whisky joins goose down jackets and ice-hockey equipment on a long list of Canadian goods that could become much more expensive for American consumers. The collapse of negotiations subjects an array of imports to new 50 percent tariffs.
Consumer Takeaway
This release highlights the import status of the spirit from Canada to the United States, where availability may face restrictions as officials removed U.S. wine and spirits from government-run stores in response to the trade dispute.
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