London, Feb 4, 2025 (AFP) - Guinness maker Diageo axes sales target on Trump tariffs

NAMPA / AFP

2025-02-04

Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key sales target with President Donald Trump's tariff plans set to sour its US sales of tequila. The British group, whose brands include also Smirnoff vodka, Baileys liqueur and Captain Morgan rum, has in recent times been impacted by inflation-suffering consumers swapping its premium brands for cheaper beverages. In an update Tuesday, Diageo said that "given the cu......

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