#Financials Archives – PorchDrinking.com
The Beer Industry Braces for Aluminum Tariffs
April 19, 2018 | Taylor LaabsAlthough the American economy has largely enjoyed growth the last several years, portions within the broader picture have been in a state of flux for some time. For macro and micro brewers alike, the current state of aluminum has both micro and macro brewers concerned. A quick peek at the shelves of your local retailer will reveal rows and rows of aluminum cans. 12, 16 and even 19.2 oz cans have been a huge boon for larger craft brewers and macro producers like MillerCoors, offering greater shelf life and added convenience to consumers. But the strategy of putting everything into cans is entering a period of uncertainty due to the recently proposed tariffs and sanctions put in place by President Donald Trump.
While Trump claims the new regulations will help bolster American business, small to regional sized brewers like WeldWerks and Founders, along with massive brewing giant MillerCoors, are voicing their concerns.
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