Alcohol Industry Urges Trump to Lift Tariffs, Avert $2B Holiday Losses
Thursday, 7 August 2025 () U.S. alcohol industry groups, under the Toasts Not Tariffs coalition, urged President Trump to lift tariffs threatening $2 billion in holiday sales losses and 25,000 jobs. These measures raise costs for imports and domestic producers amid trade tensions. Without relief, consumer prices could surge, dampening festive spending and economic growth.
The India US Tariffs dispute deepens as Donald Trump announces a 25% duty on Indian imports, coupled with penalties over New Delhi’s continued oil and arms trade with Russia. While India has not..