Fitch Says US Tariffs To Temporarily Strain Global Alcohol Producers’ Revenue, Profits
ReutersMar 5, 2025 12:52 PM
March 5 (Reuters) - FITCH:
FITCH RATINGS: US TARIFFS TO TEMPORARILY STRAIN GLOBAL ALCOHOL PRODUCERS’ REVENUE, PROFITS
FITCH: EXPECT MOST SPIRITS PRODUCERS TO INCREASE PRICES IN US TO COMPENSATE FOR NEW TARIFFS
FITCH: EXPECT SALES VOLUMES OF IMPORTED ALCOHOL IN MASS & MID-PRICE MARKETS TO DECLINE DUE TO HIGHER PRICE SENSITIVITY OF CONSUMERS IN THESE SEGMENTS
FITCH: AMONG GLOBAL FITCH-RATED ALCOHOL PRODUCERS, BECLE & DIAGEO MOST EXPOSED TO IMPORTS INTO US
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