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.
I believe that this is backwards. Trump is fully backed by the US billionaires. There is no opposition among them, which would have financed an impeachment.
This makes Trump’s Russian links secondary. I cannot imagine the billionaires to let a guy win who could betray them and their global influence.
Now the success of China demands drastic changes. The Russian links allow the media to shift blame constantly. It would be less convenient if people wouldn’t look for the origin of problems in Russia.
The tariff policy on China is necessary to shift production back to the US. The new leverage on other countries is an additional benefit. Like most things this won’t be Trump’s plan but attributing it to him prevents people from asking more questions. Project 2025 exists. It’s neither made by Trump nor Russia.
You are extremely naive if you think tariffs will move production back to the US. Affordable the health care coverage for employers would have a much more profound effect.
The healthcare would be clever. But why do tariffs not work?
Anecdotally, I know some folks who work under the UAW. Before/after a recent round of significant layoffs because of these big, beautiful tariffs, even the union leadership was spouting off how manufacturing would return to the US within years and it would be “worth it.” Some of the workers who already didn’t want to jump in bed with Trump ate it up. You would think at least leadership in a massive union overseeing any manufacturing/production would at least understand how this was a bad move for their whole organization, but here we are.
The whole reason why the auto sector exists in Canada is the lower health care costs.
GM alone spends $17M/year just on viagra for it’s employees.
Why should tariffs not work? What else could bring back manufacturing?
They’re referring to this: https://www.reddit.com/r/dataisbeautiful/comments/1p1vx9n/oc_nearly_every_day_two_users_on_rconservative/ , there’s no doubt all the billionaires support him and his fascism.
I agree, but not backed by just US billionaires.
The loyalists in the party base?
Yes. They believe he is working magic, and will do so until they are personally impacted in a major way.
They have tied their personality to him, and as such will not allow any facts to alter their warped perception of reality as that would threaten their ego.
These people live in the Id. The only time the reasoning centers of their brains get a workout is in justifying their continued belief that Orange Man Good, somehow.