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Steel & Aluminum Tariffs to Impact US Beer

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The SEC is taking steps to roll back a climate disclosure rule requiring publicly traded companies to report their environmental impact. U.S. steel and aluminum tariffs are expected to raise costs for craft brewers,
The article from MSN discusses how the U.S. beer industry is facing potential price increases due to reinstated tariffs on steel and aluminum from countries like China, Germany, and Canada. These tariffs, which were initially imposed by former President Donald Trump and later lifted by President Joe Biden, have been reimposed following a review by the U.S. Department of Commerce. The tariffs could lead to higher production costs for beer, as these materials are crucial for brewing equipment and packaging. This might result in increased prices for consumers, affecting both domestic and imported beers. The Brewers Association has expressed concerns over these tariffs, highlighting the potential negative impact on small and independent brewers who are already dealing with economic recovery post-COVID-19.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/steel-aluminum-tariffs-to-impact-us-beer/ar-AA1z9KHs ]