Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

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

by
February 3, 2025
in Editor's Pick
0
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

North Korea slams Rubio’s ‘rogue state’ label as ‘nonsense,’ vows to push back against Trump administration

Next Post

Record breaking haul for Senate Republican campaign committee as it aims to expand majority

Next Post
Record breaking haul for Senate Republican campaign committee as it aims to expand majority

Record breaking haul for Senate Republican campaign committee as it aims to expand majority

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Bitcoin Nears $85K Amid Market Optimism

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

September 4, 2025
MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost

MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost

MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost

November 1, 2025
Mamdani’s God Squad: The clerics, activists and political operatives who have his back

Mamdani’s God Squad: The clerics, activists and political operatives who have his back

November 1, 2025
Rap star Nicki Minaj thanks Trump for addressing persecution of Christians in Nigeria

Rap star Nicki Minaj thanks Trump for addressing persecution of Christians in Nigeria

November 1, 2025
DAN GAINOR: The 5 craziest stories of October — from Karine Jean-Pierre to PETA plaques

DAN GAINOR: The 5 craziest stories of October — from Karine Jean-Pierre to PETA plaques

November 1, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost

    MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost

    November 1, 2025
    Mamdani’s God Squad: The clerics, activists and political operatives who have his back

    Mamdani’s God Squad: The clerics, activists and political operatives who have his back

    November 1, 2025
    Rap star Nicki Minaj thanks Trump for addressing persecution of Christians in Nigeria

    Rap star Nicki Minaj thanks Trump for addressing persecution of Christians in Nigeria

    November 1, 2025
    DAN GAINOR: The 5 craziest stories of October — from Karine Jean-Pierre to PETA plaques

    DAN GAINOR: The 5 craziest stories of October — from Karine Jean-Pierre to PETA plaques

    November 1, 2025

    Top News

    MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost

    MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost

    November 1, 2025
    Mamdani’s God Squad: The clerics, activists and political operatives who have his back

    Mamdani’s God Squad: The clerics, activists and political operatives who have his back

    November 1, 2025

    Latest News

    • MIKE DAVIS: Justice is coming for perpetrators of Arctic Frost
    • Mamdani’s God Squad: The clerics, activists and political operatives who have his back
    • Rap star Nicki Minaj thanks Trump for addressing persecution of Christians in Nigeria

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.