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News in English (USA) / 25.02.2025 / 14:00

Manufacturers and Breweries Brace for Impact of Upcoming Tariffs on Steel and Aluminum

As the U.S. prepares for impending tariffs on steel and aluminum, manufacturers and local businesses are feeling the pressure. U.S. manufacturers are facing higher metal prices, prompting aluminum buyers to scramble for supplies before the tariffs take effect. Breweries in states like Minnesota and Tucson are bracing for the potential impact on their operations, with craft brewers expecting significant price increases on products like six-packs of beer. The tariffs, part of broader trade policies targeting primarily China, have created instability in the market, raising concerns for small businesses and contractors alike. With predictions of increased construction costs and labor market fluctuations, many industry leaders are calling for cautious navigation through these turbulent times.
Reuters.com, Bloomberg, The Wall Street Journal, KSTP, The Guardian, Financial Times, Business Insider, Aluminium Circle(AL Circle), Chicago Tribune, Construction Citizen