Trade war with Canada has contributed to a significant decline in U.S. liquor sales
Jim Beam, one of the largest makers of American whiskey globally, is shutting down bourbon production at one of its Kentucky distilleries for a year.
The move comes amid Donald Trump’s trade war with Canada, which has contributed to a significant decline in U.S. liquor sales after the country ushered in a boycott of American booze, and as more young adults are cutting back on drinking.
Jim Beam, owned by Suntory Global Spirits, is one of Kentucky’s biggest bourbon producers.
The Bluegrass state’s $9 billion whiskey bourbon industry has been struggling to manage its abundant supply of liquor against the drop in demand.
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We don’t miss Yankee pisswater.
Fair. But we dont even give your cunt tree a second thought unless its for 90 day fiance.
Proving the OP right
Oh, no! Twelve people from luxemborg are upset!
Well, buddy, the Christmas Beaver sure isn’t going to bring you any maple syrup.
I love beaver, never tried w syrup.
Me later: Honey I want your cakes and beaver…with syrup this time!
We dont claim this one^
Ah I see you want to party like it’s 1812 again
We’ve long since eaten every single piece of the british empire, including their pride, their money and their land holdings. Now look up the suez canal incident.
Do our tarrifs say you are our buddy?
How are you able to protest a 30 hour work week and post at the same time.
Do you really have enough cigarette energy for that today?
Your orange dementia don tells you that we pay tarrifs and smooth brains lap it up 🤡
Are there still significant numbers of people that believe Trump understands the economy or are the minority morons just getting louder, with support from Russia? Were they always just 30-50% Russian as per the recent issue identified on r/conservative
It’ll magically be “Biden’s fault” for all 4 years.
I believe that this is backwards. Trump is fully backed by the US billionaires. There is no opposition among them, which would have financed an impeachment.
This makes Trump’s Russian links secondary. I cannot imagine the billionaires to let a guy win who could betray them and their global influence.
Now the success of China demands drastic changes. The Russian links allow the media to shift blame constantly. It would be less convenient if people wouldn’t look for the origin of problems in Russia.
The tariff policy on China is necessary to shift production back to the US. The new leverage on other countries is an additional benefit. Like most things this won’t be Trump’s plan but attributing it to him prevents people from asking more questions. Project 2025 exists. It’s neither made by Trump nor Russia.
You are extremely naive if you think tariffs will move production back to the US. Affordable the health care coverage for employers would have a much more profound effect.
Anecdotally, I know some folks who work under the UAW. Before/after a recent round of significant layoffs because of these big, beautiful tariffs, even the union leadership was spouting off how manufacturing would return to the US within years and it would be “worth it.” Some of the workers who already didn’t want to jump in bed with Trump ate it up. You would think at least leadership in a massive union overseeing any manufacturing/production would at least understand how this was a bad move for their whole organization, but here we are.
The whole reason why the auto sector exists in Canada is the lower health care costs.
GM alone spends $17M/year just on viagra for it’s employees.
Always glad to have an opportunity to understand another country’s healthcare system and it’s inner-workings. Appreciate it 🤙🏻 I remember right-wing people in USA Air Traffic Control would bring up Canada’s ATC system and workers, and I would just always bring up retirement/benefits for the differences in pay and how we paid for them anyway - and less efficiently. Plus I’m quite certain their guaranteed workers’ protections were better than what we got from the union directly (not USA union bashing at all - just strictly the bennies in comparison).
Why should tariffs not work? What else could bring back manufacturing?
Surely if you want to force manufacturing back to a country via tarrifs you need to be smart and have a graduated tarrif over say 15 years increasing annually. That puts the market on notice but more importantly gives time for infrastructure and skills to be developed without immediately fucking over the population
There is no time for that. The military supposedly is preparing for a war with China as early as 2027, but more likely is 2030 when Europe wants to be ready for Russia.
Even if you build the infrastructure, there will still be Tariffs on the raw materials. The production stateside wouldn’t be significant enough to offset that in any way with how things have been built the past 30+ years. If that hypothesis would even be the end goal, they likely would’ve saved more by pumping out extra acquisitions in the handful of years tariffs have rammed the economy and USA society at its most basic levels *ETA realized I might’ve more/less double-talked on @YeahToast@aussie.zone
The healthcare would be clever. But why do tariffs not work?
The idea behind tarrifs, is that they’ll make non-American goods more expensive than American goods, and people will choose the less expensive option.
The problem is, that’s not happening. There often isn’t a 100% American made option, most “made in the USA” still relies on material imports, which are tarrifed, so their prices went up too.
There isn’t enough US materials, so even if you source local aluminum, the demand has outpaced the supply, so the cost has gone up.
Then there’s labor, where manufacturing typically imports labor too, but they’re being deported, and domestic labor costs more, so prices have gone up.
Tarrifs only work if theres a ton of legislation impacting the companies themselves, because they will never take a voluntary decrease in profit.
So it’s also an additional tax that reduces American resource consumption which is a burden. But overall the idea should work. Step by step local producers can create products until everything can be sourced in the US.
But overall the idea should work.
Not really. Just tarrifs don’t work, because it would require companies to voluntarily reduce profits for a period of time, and publicly traded companies get sued by shareholders if they do stuff like that.
I don’t understand why. Do you mean that companies have to make investments in production lines in the US which reduces profits?
The shortage of local aluminum means that somebody can build a new plant because the tariffs allow them to make a profit.
The tariff policy on China is necessary to shift production back to the US
This would be true if congress was working out the tariffs and setting them into law with a long term strategy, but the crazy “tariff situation may change every 6 months and the methods will change from president to president” situation will never inspire long term investment in the US.
They’re referring to this: https://www.reddit.com/r/dataisbeautiful/comments/1p1vx9n/oc_nearly_every_day_two_users_on_rconservative/ , there’s no doubt all the billionaires support him and his fascism.
financed an impeachment
Eh?
If the donors want an impeachment, they’ll get one
I agree, but not backed by just US billionaires.
The loyalists in the party base?
Yes. They believe he is working magic, and will do so until they are personally impacted in a major way.
They have tied their personality to him, and as such will not allow any facts to alter their warped perception of reality as that would threaten their ego.
These people live in the Id. The only time the reasoning centers of their brains get a workout is in justifying their continued belief that Orange Man Good, somehow.
Trump probably understands economy, I think he messes around with trade so that him and his buddies can do some inside trading while throwing everyone else under the bus
That is what business is for him. That is what business is for most businessmen. It is an enterprise to ultimately just enrich themselves and their cronies, not to provide a service to many.
People who have been saying ‘we need a businessman, not a politician, for a president’ are either incredibly naive or incredibly evil.
No, Trump is a dumbass and has no plan. He said “tariffs” once and now he has to go all in on it no matter what because he can’t admit he was ever wrong about anything.
It’s just what it looks like to me, and that is way more evil than simply not understanding economy. Regardless, I agree with you that he’s a dumbass
Would it be that hard to show numbers on how much us consumption is down, and how much exports are down for this company?
News be trash.
Yeah, they’re kinda getting a double whammy, and I’m interested in seeing the breakdown. People are definitely drinking much less these days, gen z are not big drinkers in comparison with how millennials were. And I also have no doubt the economy is playing its role as well.
I feel you, i just never had any idea that this mediocre booze was a big export. You can make alcohol anywhere in the world.I’d be amazed if the old world hadn’t already set up a whole market for that stuff
Bourbon is a regionally protected name, like Champagne or Stilton cheese. There are plenty of distilleries making “bourbon-style whiskey”, but they can’t just call it Bourbon.
They may have voted for this, but I don’t think anyone deserves this and I derive no joy from people being hurt because they allowed themselves to be misled.
On one hand, fuck the government of Kentucky and the people who voted for this. On the other my heartfelt sympathy for people who fought against this bullshit and are suffering.
better without more of that piss in rotation
I’m not a huge fan of their product either, but it’s perfectly serviceable, affordable Bourbon. For someone who likes the occasional drink but has limited income, it beats the hell out of similarly-priced products.
Jim Beam is excellent for the price. It’s priced like a plastic bottle liquor, but its a proper bourbon. Not the best, but it’s $12 a bottle.
If you’re not an alcoholic, putting a bit more for the buck is clearly worth it.
I actually like it better than the stuff one level above it like 4 roses or bullet. Buffalo Trace or Woodford are superior, I agree. But if want to spend money I’d rather go for a Islay Scotch.
I’m more of a jameson caskmate edition stout when it comes to staying in the low price range.
I love whiskey, but fuck Kentucky. It would take a lot for the morons there to figure out Trump and republicans in general are not helping them. They did elect a Democrat governor at least, so that’s a good sign.
not really, on the dem gov for a number of reasons. 2 of the worst senators are from there, Mitch mcconnel and rand paul.
the only reason the gop even did not resist a DEm campaign there is because the last Republican one screwed over the economy the state so much, they needed a dem to reign in the state, plus he is an easy scapegoat for the gop if things go wrong.
Andy Beshear remains popular and won reelection during the Biden presidency, after being elected during Trump’s first term. And before that, he served a 4-year term as the state’s elected Attorney General. So he’s won 3 state-wide elections in a row during the Trump era (2015, 2019, 2023). His electoral success there isn’t a fluke of any kind of backlash in either direction, but is a reflection of his political skill and popularity in the state.
And his father, Steve Beshear, served four terms in statewide elected office as a Democrat, too.
Understanding local and regional variation in politics is important for understanding how political power can be accumulated and used. And dismissing any Trump voting state as a lost cause is fundamentally ceding power to the fascists. No, we fight for every state, every district, every election cycle, and outside of elections as well.
This seems to part of “making America great” (again).
Winning?
Danm, what a pain it will be to bring up that still in a year. Also have to take down and clean all their vats. Remind me not to buy any jim beam made in 2027.
At least maintenance will get free reign for once.
With any luck they will sell and rebrand, beam is a dead brand.
With any luck they will sell and rebrand, beam is a dead brand.
Cmon. Suntory Beam owns a shitload of brands of American Whiskey:
- Baker’s
- Basil Hayden’s
- Beam’s Eight Star
- Booker’s
- Jim Beam
- Kessler
- Knob Creek
- Legent
- Little Book
- Maker’s Mark
- Old Crow
- Old Grand-Dad
- Old Overholt
And them shutting down one of their four distilleries is not going to affect the quality. It’s a highly industrialized operation, and they’re already good at making the process invisible to the consumer, which bottle comes from which still.
Continous processes like a still of that size dont do well on long shutdowns. They could have good procedures in place but last time I visited its just a bunch of country boys doing what they know best.
I didnt know makers or knob creek was their label and youre right they are good. Except dont make me laugh with throwing in old crow. I mean if you want some bourbon flavor vodka, sure.
On most the stuff your probably right. I dont drink much bourbon anyway but shutdowns are always a nightmare.
I’m just saying that these huge conglomerates aren’t going to let something like a reduced production change the end product. They’re a holding company for a bunch of different brands, including Canadian, Irish, Scottish, and Japanese brands, and they will run whatever stills they need at whatever percent of capacity they need to meet their projected demand. Their other three American distilleries will still be churning out product, and if they do resume production you wouldn’t be able to know which bottle comes from which distillery.
beam is a dead brand
Kind of a shame. Out of the big bourbon names, Jack, Jim, Evan, I think Beam has the best taste. Not like there isn’t much better bourbon out there, but it’s more expensive.
Give me tequila over that stuff any day though.
Jack doesn’t get the bourbon label.
Ain’t that a damn shame. The Blue Grass is covered in orange shit. Zero sympathy for the neo-Nazi Kentucky voters and the Japanese at Suntory should consider dumping Jim Beam from the portfolio.
Jim Beam me outta here!
I used to like Beam. But japanese whiskeys are better and cheaper here in Asia anyway.
Beam is a japanese whiskey, no?
It was bought by a Japanese company in 2014 but it’s usually considered a very American whiskey.
That’s the joke.
There is no joke. It’s a very American heritage product made in a very American style. Just because a Japanese company recognized bourbon was growing in Japan and Jim Beam was profitable doesn’t matter in the context of the comment they replied to comparing American and Japanese whiskeys. Different styles, different products
It’s okay, you don’t need to beat the poor lame joke to death just because YOU didn’t get it. It’s okay to just let it go.
I hardly ever drink anymore, but enjoyed the rare tumbler of Bourbon. After the trade-war shit I switched to Irish. One bottle of really good stuff will last me at least a year. Working my way through a Tullamore dew single malt of all things now (Tullamore Dew 13 Year Old Rouge Edition for those googling)
All I can taste in any liquor is the alcohol
For real? Can’t taste the difference between vodka and whisky?
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we need socialism
