Beer drinkers beware if Trump taxes aluminum, brewer says

[TexasTowelie]

Donald Trump’s efforts to save American metal-making jobs by punishing cheap imports may come with an bitter side effect: pricier beer.

That’s the view of Tim Weiner, senior commodity risk manager at Molson Coors Brewing Co. and its MillerCoors LLC unit. “If there are duties on aluminum coming to this country, it will obviously get passed on to us and the customer,” he told an industry conference in Chicago on Wednesday. “Our prices will go up.”

The brewer’s warning juxtaposes the enthusiasm of producer Century Aluminum Co. at the prospect U.S. authorities will take action against unfairly priced imports. Following a World Trade Organization complaint filed by the Obama administration in January, Trump signed an executive memorandum in April initiating an investigation into aluminum imports as part of a push to bring back jobs to America’s rust belt.

But if the U.S. does impose import duties on primary aluminum, it will affect the roughly 5,000 brewers scattered across every congressional district, Weiner said. Asked about the likelihood of such duties, he said: “It depends on whether it’s politically motivated, or business motivated. I think there’s political motivation for putting some tariffs on.”

Read more here: http://www.star-telegram.com/news/business/article155154309.html

[Throck]

1. Damn it, I'll brew my own.

Screw that bastard.

[Demsrule86]

2. I would rather drink pricier beer than lose more jobs.

We have to consider the true cost of that 'cheap' beer. Trump doesn't know how to manage trade and is an idiot, but we need to do something...we need a level playing field, and human rights for countries or no trade..stop the giant rush to the bottom.