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Reading: Ontario to Take away US Alcohol from Shops in Tariff Dispute
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StockWaves > Financial News > Ontario to Take away US Alcohol from Shops in Tariff Dispute
Financial News

Ontario to Take away US Alcohol from Shops in Tariff Dispute

StockWaves By StockWaves Last updated: February 3, 2025 3 Min Read
Ontario to Take away US Alcohol from Shops in Tariff Dispute
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February 3, 2025February 3, 2025





Canada’s two largest provinces plan to drag American merchandise from government-run liquor shops in response to President Trump’s 25% tariffs on Canadian imports.

Ontario will take away American alcohol merchandise from government-run shops beginning Tuesday when US tariffs on Canadian imports take impact.

The Liquor Management Board of Ontario (LCBO), the province’s sole alcohol wholesaler, can even take away US merchandise from its catalogue to stop different retailers and eating places from restocking them.

Quebec will observe go well with and take away US alcohol from its provincial liquor shops beginning Tuesday.

British Columbia, Nova Scotia, and Manitoba additionally pledged to take away American alcohol manufacturers from their cabinets in retaliation.

Chris Swonger, CEO of the Distilled Spirits Council of america, criticized the actions, calling them counterproductive and damaging to Canadian revenues and customers.

Prime Minister Justin Trudeau introduced retaliatory tariffs on C$155 billion value of American items, with provincial leaders additionally getting ready non-tariff responses.

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