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Benzinga
Benzinga
Business
Surbhi Jain

American Booze Brands Just Found Out What 'Canada Dry' Really Means

Canada United States Alcohol Molson Coors TAP
Canadian boycott of US booze

If you thought "Canada Dry" was just a soft drink, U.S. alcohol producers are discovering it's also a way to describe a Canadian market suddenly devoid of American booze. In the first half of 2025, U.S. alcohol exports to Canada plummeted by more than 60%, wiping American spirits and wines from shelves and costing producers hundreds of millions in lost revenue.

Track the stock behind Coors Light, (NYSE:TAP), here.

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