Alcohol has not been a major focus in federal elections since the end of Prohibition. However, the federal government still plays a crucial role in regulating the price, availability, and societal acceptance of alcoholic beverages. The upcoming presidential election could have a significant impact on the alcohol industry, much like the aftermath of Prohibition.
During Donald Trump’s presidency, the alcohol industry faced challenges due to tariffs on aluminum and trade wars with Europe, affecting the cost and availability of beverages like beer and whiskey. The Biden administration has seen some de-escalation in these issues, but concerns remain about potential tariffs under a second Trump presidency.
Immigration policies, dietary guidelines, and antitrust investigations are other areas where the presidential race could influence the alcohol industry. The outcome of the election may have far-reaching consequences for alcohol producers, distributors, and consumers.
Overall, the election presents challenges for those involved in the alcohol industry, with potential policy changes that could impact various aspects of the business. Regardless of the election outcome, the landscape for alcohol regulation and trade is likely to see significant shifts in the near future.
