Canadian provinces face possible US action over refusal to sell American spirits
Updated
Updated · Bloomberg · May 1
Canadian provinces face possible US action over refusal to sell American spirits
5 articles · Updated · Bloomberg · May 1
The warning comes as the US, Canada and Mexico approach a July 1 USMCA review deadline, after reports that US distilled-spirit exports to Canada have fallen 70%.
Canadian Prime Minister Mark Carney rejected the pressure, saying some US tariff-relief deals are “worthless”, underscoring widening friction as Washington weighs market-access and labour changes to the pact.
Bloomberg Intelligence still expects the trade deal to survive with tweaks, but says tariff powers Trump may regain before July and separate tensions with Mexico could bring a volatile summer for North American trade.
Will disputes over whiskey and cartels force a USMCA renegotiation or trigger a decade of economic uncertainty?
As trade tensions boil over, is the USMCA's future really about countering China's influence in North America?