Mexican tequila and Canadian whiskey exempt from US tariffs for now

United Kingdom | Diageo, the world’s largest drinks firm, avoided the worst of President Trump’s chaotic trade policy this month. Not only were its Don Julio tequila in Mexico and Crown Royal whiskey in Canada spared additional tariffs – they are altogether exempt from import tariffs in the US under the United States-Mexico-Canada Agreement (USMCA), a free trade agreement which was negotiated by the first Trump administration and came into effect in 2020.

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