, South East Asian governments scrambled into deal-making mode.
Overall since the 1990s, trade in spirits between the US and Mexico has surged by more than 4,000% percent, said the organisation, which issued a statement after the president's announcement warning that the tariffs would "significantly harm all three countries".For months, Palazzi has been fielding nervous questions from his suppliers in Mexico, who are typically small, family owned businesses and may not survive if the tariffs are prolonged.
If it sticks, he said the 25% tax on the bottles of mezcal, tequila and rum he brings in will push up prices - and sales will drop."Definitely this is going to impact the business negatively. But can you really plan? No," he said. "Our strategy is roll-with-the-punches, wait and see and adapt to whatever craziness is going to unfold."Economists say the hit from the tariffs could push the economies of Mexico and Canada into recession.
Ahead of the announcement, Dan Kelly, president of the Canadian Federation of Independent Businesses, described the looming tariffs from the US, and expected retaliation, as "existential" for many of his members."Look, we get that the government has got to respond in some fashion …. But at the same time we urge the government to use caution," he said, comparing tariffs on imports to chemotherapy: "It poisons your own people in order to try and fight the disease."
"It's going to have an effect everywhere," said Sophie Avernin, director of De Grandes Viñedos de Francia in Mexico, noting that many Americans own Mexican alcohol brands and Modelo beer is actually owned by a Belgian company.
Trump, who has embraced tariffs as a tool to address issues far removed from trade, has dismissed concerns about any collateral damage to the economy in the US.I checked my notes and, yes, my memory had been correct. Renshaw, an admitted neo-Nazi and former member of the BNP and National Action, was asked why he engaged in racist activism. In response, he said it helped change politics for everyone.
“It makes mainstream politics more right wing,” he told the court.The reaction of the public, police and courts to the riots has shown how most people do not share the violent hatreds and fantasies of the far and extreme right.
But many others will feel a UK of far-right flash mobs is more scary, unpredictable and racist than they believed and wonder what the future holds.This remains a dangerous moment.