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Beer CEOs Pan Trump-Era Aluminum Tariffs in Plea to Biden

July 5, 2022, 5:12 PM

The chief executive officers of major beer makers are asking US President Joe Biden to suspend aluminum tariffs that have cost the industry more than $1.4 billion since 2018.

The beer industry uses more than 41 billion aluminum cans annually, according to a Beer Institute letter to the White House dated July 1.

“These tariffs reverberate throughout the supply chain, raising production costs for aluminum end-users and ultimately impacting consumer prices,” according to the letter signed by the CEOs of Anheuser-Busch, Molson Coors, Constellation Brands Inc.’s beer division, and Heineken USA.

This letter to the president ...