Johnnie Walker owner Diageo says Trump tariffs could hit sales recovery
UK drinks company’s shares fall amid fears it could be affected by future US levies on Mexico and CanadaBusiness live – latest coverageDiageo, the company behind Smirnoff vodka and Johnnie Walker whiskey, has said US tariffs could damage a recovery in its sales, hitting its tequila portfolio and Canadian whisky in particular.The UK drinks company’s shares fell by 3.7% on Monday, on concerns that it will be hurt by a further 25% US tariffs on imports from Mexico and Canada, and both countries said they would retaliate. Donald Trump has paused the implementation by one month. Continue reading...
UK drinks company’s shares fall amid fears it could be affected by future US levies on Mexico and Canada
Diageo, the company behind Smirnoff vodka and Johnnie Walker whiskey, has said US tariffs could damage a recovery in its sales, hitting its tequila portfolio and Canadian whisky in particular.
The UK drinks company’s shares fell by 3.7% on Monday, on concerns that it will be hurt by a further 25% US tariffs on imports from Mexico and Canada, and both countries said they would retaliate. Donald Trump has paused the implementation by one month. Continue reading...
