February 12, 2025

Episode #9: What Do Trump's Tariffs Mean For Canadian Craft Beer? with Shehan De Silva (Lost Craft / High Park / Local Spirits) | The Business of Beer

2 hours 53 minutes

With the recent announcement of 25% tariffs on Canadian goods in the USA by President Trump, and the subsequent retaliatory tariffs on American goods in Canada by Prime Minster Trudeau, the craft beer industry is arguably the most aggressively affected. Thankfully they were paused for 30 days in early February, however, it felt right to do a deep dive into what they are, and what they mean for the industry. Shehan De Silva of Lost Craft, High Park and Local Spirits joined Cee (who is currently in Florida) to how the tariffs will affect key beer products including aluminium and hops, how it affects the supply chain, how it will affect the US and Canadian industries differently, they touched on the impact that Canada's high taxes have on the beer industry, trade barriers internally, large brewer monopolies, and how negative press continues to degrade an already suffering industry. Since this wasn't a planned pod, the beers weren't matched up but Shehan got into Lost Craft's Old School Pilsner and Espresso Stout, while Cee rocked Burial's Donut Skillet Stout and Other Half's BA Double Sunset - Cloud Cover Layo Terage stout. Cheers!

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