Beer Institute Asks for Action to Address Aluminum Pricing That Impacts Costs
WASHINGTON — The Beer Institute, which represents the American brewing industry, released the following statement in response to U.S. Commerce Secretary Gina Raimondo’s interview on CNN, where she discussed lifting some tariffs.
“We are disappointed the Administration continues to overlook the harmful impact of the Section 232 aluminum tariffs on American families and consumers, and especially American brewers,” said Beer Institute Director of Public Affairs Alex Davidson. “We agree with U.S. Commerce Secretary Gina Raimondo that tariff relief results in inflation relief, which is why we urge the Administration to lift the Section 232 tariffs and provide critical relief to American workers and domestic job creators.”
The American beverage industry has faced over $1.4 billion in additional costs since 2018, with a majority of payments benefiting U.S. rolling mills, U.S. smelters and Canadian smelters rather than the U.S. Treasury. The Progressive Policy Institute and the Peterson Institute have suggested reducing trade barriers could aid in lowering inflationary pressures.
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