The craft beer industry is experiencing financial difficulties, with revenue dropping 4% in 2024. A recent U.S. government decision has added can ends and lids to the Section 232 list of aluminum derivatives, potentially subjecting importers to tariffs of up to 50%. This increase in costs is likely to affect craft breweries negatively, leading to increased prices for canned beverages. The Brewers Association has committed to providing updates regarding tariff rates and other regulations, indicating ongoing challenges for breweries in the market.
The U.S. Department of Commerce recently added can ends and lids to the Section 232 list of aluminum derivatives. This decision could result in can end and lid importers being subject to tariffs or licensing requirements.
The tariff is currently set to 50%, which could quickly cause craft beer can prices, as well as a lot of other canned beverages, to rise.
Collection
[
|
...
]