(NewsNation) — Although President Donald Trump insists that tariffs on Canada and Mexico are going to be the “greatest thing” America has ever done, not everyone agrees.
Business owners in particular have sounded the alarm, including Fawn Weaver, the owner and CEO of Uncle Nearest Premium Whiskey, which is based in Tennessee.
“It’s just so silly. But we have to understand the history of this,” Weaver said on “NewsNation Now” Monday. “Every single time there’s retaliatory tariffs, it’s bourbon that gets hit because it’s one of our most popular exports around the world — a symbol of America.”
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Although Trump postponed 25% tariffs on many imports for a month, The Associated Press is reporting that Canada’s initial retaliatory tariffs against the United States will remain in place.
Along with these, potential tariffs by the European Union are also looming over Weaver’s head.
When the first set of Trump’s tariffs were rolled out in 2018 during his first administration, Weaver told her team to bring their focus back into the United States until they worked the situation out.
“Well, now we’re all these years later, and we still haven’t worked it out,” Weaver said.
While getting businesses back to the U.S is what Trump has said he wants, what is really better for the economy is “zero for zero” tariffs, Weaver said.
“That’s what we should be looking at for spirits around the world,” Weaver said. “We would be bringing in more — which, by the way, we make money when we import the product and we sell the product, just as the other countries do when we export the product and they sell the product.”
The Associated Press contributed to this report.
