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International Business Times
International Business Times
Business

Tequila Maker Diageo Axes Sales Target On Trump Tariffs

Diageo Donald Trump Guinness United States Richard Hunter Mexico
Tequila maker Diageo warned of 'macroeconomic and geopolitical uncertainty in many' markets (Credit: AFP)

Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila and Canadian spirits.

The British group, whose brands include also Smirnoff vodka, Baileys liqueur and Captain Morgan rum, has in recent times been impacted by inflation-suffering consumers swapping its premium brands for cheaper beverages.

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