Trump Proposal Could Decimate Beer Industry

Dear Client:The Trump Administration is proposing a 10% tariff on imported aluminum, which could severely increase the input costs for brewers selling beer in cans and has significant implications on pricing and thus demand for beer. Basically, it would amount to a $350 million tax on beverages served in cans, which disproportionately hurts beer compared to wine and spirits. It hasn't been formally proposed yet -- that comes next week, but the beer lobby is engaged. And remember, a 10%