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Canada Bans US Alcohol, Costs Industry $343 Million

5/15/2026

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Summary

Story summary

Canada removed most U.S. alcoholic drinks from its stores in March 2025 as retaliation for President Donald Trump’s tariffs.
U.S. wine exports to Canada fell $343 million between 2024 and 2025, the sector’s biggest single-market loss.
Ontario’s liquor board reported a $400 million revenue drop, partly from a $70 million loss in high-margin U.S. liquor sales, while U.S. trade officials cite the ban as a key obstacle to CUSMA renewal.

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Story summary

Canada removed most U.S. alcoholic drinks from its stores in March 2025 as retaliation for President Donald Trump’s tariffs.
U.S. wine exports to Canada fell $343 million between 2024 and 2025, the sector’s biggest single-market loss.
Ontario’s liquor board reported a $400 million revenue drop, partly from a $70 million loss in high-margin U.S. liquor sales, while U.S. trade officials cite the ban as a key obstacle to CUSMA renewal.