The owner of local brewery Second Pitch says the tariffs are making it hard for craft beer companies to grow. SanAntonio SATX SanAntonioTX Texas Aluminum CraftBeer TexasBeer CraftBrewers beers
When Second Pitch opened in August 2020, during the first peak of the COVID-19 pandemic, then-President Donald Trump's 25% tariffs on steel imports and 10% tariffs on aluminum imports had already been in place for roughly two years. As a result, Second Pitch has paid a premium for aluminum cans its entire existence.
“We pay for these pallets of cans up front, so we’re talking probably close to six grand worth of cans that we wait on at any given time. This upcoming order may get us through the end of summer, but that's a lot of capital to expend up front,” he said. “Hopefully [the shipment] comes before we need it, but forecasting four to six weeks out … it’s a lot.
“With the cost of gas and groceries at record highs, American families and businesses are feeling the strain under the high costs of living. This new research shows the tariffs on aluminum continue to push up prices on American consumers and businesses,” Beer Institute president and CEO Jim McGreevy said in a release. “The fastest way to alleviate these high prices on American businesses and families is to repeal the tariffs.
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