Unexpected vice industry is an early tariff winner

Foreign importers saw the tariff writing on the wall and stocked up on this staple.

Apr 26, 2025 - 14:51
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Unexpected vice industry is an early tariff winner

President Donald Trump's trade war may have surprised Wall Street, but pub, bar, and club owners worldwide saw it coming. 

Markets hate volatility, and the near-universal tariffs that took effect on April 2 have poured a heaping helping onto everyone's laps. 

The CBOE Volatility Index, also known as the VIX, reached its highest reading since the 2008 financial crisis.