Breweries Across U.S. Brace for 25% Aluminum Tariff Impact
Breweries Across U.S. Brace for 25% Aluminum Tariff Impact

Breweries Across U.S. Brace for 25% Aluminum Tariff Impact

News summary

The U.S. federal government has imposed a 25% tariff on steel and aluminum imports, significantly impacting businesses that rely on these materials, such as breweries and manufacturers. Minnesota's Jack Pine Brewery and New York's Resurgence Brewing express concerns about increased costs for aluminum cans and barley, both largely imported from Canada, which could raise beer prices for consumers (KIMT NEWS 3, WKBW). Milwaukee warehouses and manufacturers, like Arker Warehouse, are also bracing for cost increases, highlighting the difficulty of navigating fluctuating tariffs in pricing forecasts (TMJ4). The tariffs have resulted in significant market volatility, with major stock indices experiencing notable drops, adding to the economic uncertainty felt by local industries such as apple farming (WLOS). In Kansas City, businesses like Lucky Elixir Beverage Company are closely monitoring the situation, as they may need to increase consumer prices due to rising material costs (KSHB). Overall, these tariffs not only affect production costs but also strain international trade relationships, with retaliatory measures from Canada potentially on the horizon.

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