Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

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
Rule, Kiyosaki, Spina and Clark Share Mining Stock Picks and Investing Wisdom

Related Posts

United Airlines adds Thailand, Vietnam and Australia flights...

April 3, 2025

The plane that crashed in South Korea is...

January 3, 2025

Dollar General tests same-day delivery as discounter chases...

December 11, 2024

Tesla denies report that the EV maker is...

May 2, 2025

Starbucks imposes new limits on what baristas can...

April 24, 2025

AI that can match humans at any task...

March 19, 2025

Berkshire Hathaway employee wins $1 million in Warren...

March 27, 2025

Goldman Sachs rolls out an AI assistant for...

January 23, 2025

Trump-Bezos call sets stage for tense earnings report...

May 1, 2025

It’s Elon Musk’s turn for a ‘fork in...

April 24, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • Teenage cancer patient’s final fight becomes law as House passes landmark pediatric bill
  • State-level AI rules survive — for now — as Senate sinks moratorium despite White House pressure
  • DAVID MARCUS: Trump’s aggression toward Venezuela a warning to Putin

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics

    December 7, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    December 7, 2025
  • Teenage cancer patient’s final fight becomes law as House passes landmark pediatric bill

    December 7, 2025
  • State-level AI rules survive — for now — as Senate sinks moratorium despite White House pressure

    December 7, 2025
  • DAVID MARCUS: Trump’s aggression toward Venezuela a warning to Putin

    December 7, 2025
  • Rosie O’Donnell’s Trump obsession continues unabated from Ireland as friends beg her to ‘disconnect’

    December 7, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 3

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 4

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 7

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
Promotion Image

banner

Categories

  • Business (602)
  • Investing (2,583)
  • Politics (3,123)
  • Stocks (948)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2025 bullhedging.com | All Rights Reserved