Tariffs Uncertain, But Tequila Prices Are Already Feeling the Impact
Tequila prices are on the rise due to supply chain disruptions, agave shortages, and increasing production costs, even though the U.S. has not yet imposed tariffs on Mexican goods. The cost of importing tequila has increased because of delays at ports, transportation costs, and logistical problems. Additionally, the price of blue agave, the main ingredient in tequila, has surged due to high global demand and limited supply. Rising labor and production costs in Mexico have further contributed to the increasing prices. Consumers can expect to see higher prices for tequila at liquor stores and bars, especially for premium brands. The uncertainty surrounding potential tariffs has prompted businesses to adjust prices preemptively, with experts predicting that tequila prices will continue to rise.