Industry News

Tariff increase could impact the price you pay at local breweries

Views : 41
Update time : 2025-02-19 20:31:55

WILMINGTON, N.C. (WECT) - A 25% tariff will be put on all steel and aluminum imports in the United States.

The Trump Administration made this announcement last week and it will affect many businesses.

Local breweries use steel and aluminum to store and serve their beers made in-house.

WECT talked with Wrightsville Beach Brewery, one of many businesses in the area that could be impacted by the tariff.

“There will be some price increases for breweries smaller than us, breweries our size, breweries bigger than us. We don’t know how much yet,” says Jud Watkins, owner of Wrightsville Beach Brewery.

Watkins says they use stainless steel containers to hold their beer while it’s fermenting, then it’s transferred into aluminum cans.

“We are fortunate enough that we are not in the middle of an order for a lot of tanks. I think we’ll be alright for the stainless steel side of it but down the road some of the parts we may see go up,” says Watkins.

Watkins says his concern about cost is their cans. He is jumping ahead of the price increase problem by rolling out new cans made at a lower cost.

Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11