Tequila imports rise in the US due to fear that Trump will raise taxes on Mexican products

Tequila distributors in the United States have increased imports due to fears that President-elect Donald Trump will impose 25% tariffs on Mexican products, the director of the Tequila Regulatory Council (CRT), Ramón González, said on Friday. The director of the body that oversees the production of the Mexican drink indicated that these purchases were requested during the first two weeks of December, something unusual for the US market, which represents 83% of tequila exports, a traditional Mexican drink. González said that they expected this to slow down in the middle of the month, but "it turns out that there are large orders in the most important tequila market, also due to the fear of the tariff issue" in the US. Trump, who will return to the White House on January 20, has threatened to impose 25% tariffs on imports from Mexico and Canada, his trading partners in the T-MEC free trade agreement. Although the CRT will have clear figures for total sales in 2024 until the second ...