MEZCAL growth in the US brought to businesses such as the palaces was part of this change.
Since 2003, the consumption of Tequila and Mescal has three times increased, increasing at a speed of more than 7% each year, reports the trade group of distilled spirit.
Overall, since the 1990s, the spirits between the US and Mexico has grown by more than 4,000%, stated that the organization had made a statement after the announcement of the president, warning that the tariffs will “significantly harm all three countries”.
For several months, the palaces conducted nervous issues of its suppliers in Mexico, which are usually small, family companies and cannot survive when tariffs will be prolonged.
When he adheres to, he said that 25% of the Mezcal, Tequila and Rum bottle tax will push prices – and sales will decrease.
“Of course, it will affect the business negatively. But you can really plan? No,” he said. “Our strategy is to strike, wait and see and adapt to any madness that will unfold.”