Articles Tagged with 'Aluminum'

Aluminum Can Producers Warn of Price Increases, as President Trump Threatens to Increase Tariffs on Chinese Imports

Aluminum Can Producers Warn of Price Increases, as President Trump Threatens to Increase Tariffs on Chinese Imports

Barring a resolution before next week, President Donald Trump’s escalating trade war with China — and increased tariffs on aluminum can sheet — threatens to further impact U.S. beer companies’ bottom lines. On Friday, Trump announced via Twitter plans to increase tariffs on $550 billion of imported Chinese goods over the next two months in retaliation for China saying it would impose $75 billion in tariffs on goods imported from America beginning October 1. And aluminum can producers are bracing for the higher aluminum costs and passing them onto their customers.

APEX Act Reintroduced in US Senate

APEX Act Reintroduced in US Senate

The beer industry’s pushback against tariffs received a boost on Tuesday, as the U.S. Senate filed a companion bill that would increase the federal government’s regulatory authority of groups overseeing aluminum premium benchmarking, including the controversial “Midwest Premium.”