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US BREWERIES BLAME TRUMP’S TARIFFS FOR JOB LOSSES
May 27, 2019
(TDB) - Breweries in the US have blamed the Trump administration’s metal tariffs for a loss of thousands of jobs in the beer industry since 2016.
A report published by the Beer Institute and National Beer Wholesalers Association has found that 40,000 jobs have been lost in breweries as tariffs on metal have inflated the cost of aluminium cans.
The study found that 2.19 million people were employed in the US’ beer industry in 2018, down from 2.23 million two years ago.
Suppliers to the brewing industry – enterprises that manufacture bottles and cans, cardboard case boxes, brewing equipment or marketing displays – generate nearly $102.0 billion in economic activity and are responsible for almost 436,650 jobs, according to the Beer Institute.
US president Donald Trump sparked a trade war with several countries after he implemented a 25% and 10% import tariffs on steel and aluminium respectively from 1 June 2018.
Comments:
Bill Thomas
Jun 5, 2019
I doubt that import taxes are the real problem here. The tariffs are well deserved in protecting this country from the inflow of non citizens and low-ball import pricing by other counties to keep their economies growing. With over 12 years of Importing and Exporting wines and liquor into Taiwan and Japan I known a things or two about this business that business leaders do not. they never were in the day to day operations. Any increase to the cost of beer can be passed on to the consumer. Simply stop making expensive worthless adds and paying athletes to promote the product and give the beer and wine drinker a real reason to try your product other than phony baloney adds which have nothing to do with the character of the product!