Trump’s 25% Tariff Sparks Tequila Panic: US Braces for Price Surge

Donald Trump’s 25% tariff on Mexican goods has triggered chaos in the tequila market, with US importers scrambling to stockpile before prices skyrocket. In the first two months of 2025, tequila exports soared to 75.6 million liters, a 30% jump from last year, as distributors rushed to secure inventory. Over 80% of these exports flowed into the US, fearing the looming tariff deadline. The tariff, briefly enacted on March 4 but deferred again, is set to fully apply after April 2, unless an exemption under the USMCA holds. Experts predict US consumers could face an $800 million cost surge, with tequila prices climbing by 25% or more. Meanwhile, Mexico’s President Claudia Sheinbaum has warned of potential retaliatory tariffs, escalating the trade war. The tequila industry, already struggling with supply limitations due to agave’s long growth cycle, now faces severe disruptions. With the April deadline approaching, the future of tequila in the US hangs in the balance.

https://equifi.blogspot.com/2025/03/tequila-prices-skyrocketing-trump.html

Tequila Prices Skyrocketing: Trump Tariffs Spark Panic Buying Now!