On Monday, President-elect Donald Trump announced his plans to impose a 25 percent tariff on all imported goods from Mexico and Canada on his social media platform Truth Social. Among countless other products, the new measure would impact both the tequila and Canadian whisky markets.
“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump stated in the post. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country (sic)!”
