Parent company officials say trade dispute is causing ‘significant headwinds’ and ‘significant impact’

The parent company of American alcohol producers such as Jack Daniel’s whisky and Woodford Reserve bourbon says sales to Canada dropped 62 per cent during the latest fiscal quarter compared to a year ago, as American alcohol remains off the shelves in many provinces.

After U.S. President Donald Trump imposed tariffs on Canadian goods in early March, a number of provinces retaliated, pulling American alcohol from store shelves. Alberta and Saskatchewan have since lifted the ban.

  • JeeBaiChow@lemmy.worldEnglish
    10·
    10 hours ago

    Lack of business. Malaysia has a mostly hate relationship with Israel, and Starbucks US made some statements, so there was a nationwide boycott by the public. They’re still operating, but at a significantly reduced volume amidst a plethora of new competition. Many branches shut down.