TUCSON, Ariz. (KGUN) — President Donald Trump plans to impose 25% tariffs on aluminum and steel are expected to affect businesses that rely on metals, like the craft beer industry. Tucson’s very own craft beer breweries are bracing for the impacts.
This isn’t the first time the craft beer industry has been affected by tariffs. In 2018, the Trump Administration imposed a 10% tariff on aluminum imports with exemptions to countries like Canada. Canada is the largest supplier of aluminum and steel to the United States and will not be exempt from the new tariffs.
Jeremy DeConcini, CEO of MotoSonora Brewing Company says they’re finding ways to minimize the impact on consumers.
“I don’t want to raise prices. We have to sort of manage that on a cash flow level rather than pass that straight on to the consumer,” said DeConcini.