President Donald Trump's latest trade fight with Canada could soon spill into your cocktail glass, with a looming 50% tariff on Canadian spirits putting bars, restaurants and liquor stores on edge.Chris Swonger, president and CEO of the Distilled Spirits Council, said the stakes cut both ways, saying the tariff could hit U.S.hospitality businesses while also potentially pressuring Canada to put American spirits back on its shelves."First and foremost, great thanks to President Trump because he has recognized that our industry has lost 73% of our American distilled spirits exports to Canada as a result of the provincial ban of purchasing American distilled spirits," Swonger told Fox News Digital."We are hopeful that an agreement will be made between the Trump administration and Canadian politicians to put American spirits back on the shelves," he added.FROM BOURBON TO BORDEAUX: TRUMP'S TARIFFS SPILL INTO GLOBAL BOOZE MARKETSA 50% tariff on Canadian spirits could reach all the way to the cocktail menu, affecting drinks made with Canadian whisky and other imported Canadian liquors served at U.S.
bars and restaurants.(Prakash Mathema/AFP via Getty Images)The new tariff threat marks the latest escalation in a trade fight that has already sent U.S.
spirits exports to Canada plunging.In retaliation for earlier U.S.
tariffs, some Canadian provinces pulled American spirits from store shelves.Trump and Canadian Prime Minister Mark Carney held last-minute talks Tuesday as the two sides raced to avert the 50% tariffs before the midnight deadline.The tariffs cover roughly $20 billion in Canadian imports, including liquor, dairy products, vehicles, hockey equipment and other goods.Canadian whisky, vodka, gin, rum, wine and beer are among the products facing the new levy.President Donald Trump and Canadian Prime Minister Mark Carney held last-minute calls Tuesday as the two sides raced to avert the 50% tariffs before the midnight deadline.
(Anna Moneymaker/Getty Images)Canada ...