American Daddy Trader
  • Politics
  • Business
  • Stock
  • Editor’s Pick
  • Politics
  • Business
  • Stock
  • Editor’s Pick

American Daddy Trader

Business

Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement

by admin February 4, 2025
February 4, 2025
Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement

Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S. President Donald Trump’s 25% tariffs on Canadian imports.

Outlets of the Liquor Control Board of Ontario will also take U.S. products out of its catalog so other retailers can’t order or restock those items, according to a Sunday statement by Premier Doug Ford.

“Every year, LCBO sells nearly $1 billion worth of American wine, beer, spirits and seltzers. Not anymore,” Ford said. “There’s never been a better time to choose an amazing Ontario-made or Canadian-made product.”

Ford’s announcement came just hours after Canadian Prime Minister Justin Trudeau slapped retaliatory tariffs of 25% against $155 billion of U.S. goods.

The LCBO is one of the largest wholesalers of alcohol, selling more than 1.1 billion liters of alcohol products in Ontario in 2023. According to the Observatory of Economic Complexity, Canada primarily imports hard liquor from America with an estimated $320 million in sales. The U.S.’s second main export destination for liquor as of October 2024 is Canada, with a $25.9 million trade value, according to the OEC.

In a statement provided to CNBC, the LCBO said it will be stopping all sales of U.S. alcohol products online and in stores “indefinitely,” adding that it is the “importer of record” for all American alcohol into Ontario. LCBO currently lists more than 3,600 products from 35 U.S. states, the statement added.

The move follows other similar Canadian premiers’ announcements of retaliation to the tariffs, including Nova Scotia Premier Tim Houston directing the Nova Scotia Liquor Corporation to remove all American alcohol from their shelves on Tuesday and British Columbia Premier David Eby directing the BC Liquor Distribution Branch to “immediately stop buying American liquor from “red states” and remove the top-selling “red-state” brands from the shelves.”

This post appeared first on NBC NEWS

previous post
Be Careful With These Topping Candles
next post
US flies joint patrol with the Philippines near shoal region guarded by China

You may also like

Volkswagen workers in Tennessee vote to join UAW...

April 20, 2024

Netflix ad-supported tier has 70 million monthly users...

November 13, 2024

Warren Buffett’s Berkshire Hathaway sold nearly half its...

August 6, 2024

Boeing delivered 30 airplanes in December, but gap...

January 15, 2025

S&P 500, Nasdaq close at all-time highs ahead...

July 10, 2024

Tesla’s Chinese rival Nio launches a new brand...

May 17, 2024

Disney, Fox, Warner Bros. Discovery call off Venu...

January 11, 2025

Skechers to be acquired by 3G Capital in...

May 6, 2025

Mike Tyson, Jake Paul fight was the most...

November 21, 2024

How crazy popcorn buckets became big business for...

February 20, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Three Sectors Stand Out and One Sports a Bullish Breakout

      June 14, 2025
    • Is a Bold Rotation Brewing in Healthcare and Biotech? Here’s What to Watch Now

      June 14, 2025
    • Bearish Divergence Suggests Caution For S&P 500

      June 14, 2025
    • How close was Iran to a nuclear weapon before Israel’s strike on Tehran?

      June 14, 2025
    • Iran threatens to hit US bases in the Middle East: What is the threat level?

      June 14, 2025

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024

    Categories

    • Business
    • Editor's Pick
    • Politics
    • Stock
    • Uncategorized
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 americandaddytrader.com | All Rights Reserved