Wine & Spirits

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The Distilled Spirits Council (DISCUS) reported that U.S. spirits maintained its market share while revenues slipped in 2024 and warned that tariffs on spirits would further curtail industry growth, during its annual economic briefing for media and analysts.

Addressing more than 2,000 attendees representing 70 wholesaler companies, Dina Opici, president of Opici Family Distributing and chairwoman of Wine & Spirits Wholesalers of America (WSWA), delivered the State of the Industry address at Access LIVE 2025.

Following President Donald J. Trump planned implementation of a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China, associations issued statements noting impact on consumer packaged goods and ingredient sectors.

The Toasts Not Tariffs Coalition sent a letter today to President Donald J. Trump highlighting the special nature of the U.S. spirits and wine sectors and urging these products be excluded from any new or universal tariffs.