US EditionSteel company president calls tariffs 'step in the right direction'
- President Trump is expected to announce new levies on imported goods at 4 p.m. ET in the Rose Garden on March 14, 2025.
- Trump's administration is expanding U.S. Aluminum tariffs, which prompted concerns from industry analysts.
- The new tariff includes a 25% levy on imported canned beer and empty aluminum cans, impacting businesses like Constellation Brands.
- Daniel Muoz of "Everywhere" noted suppliers indicated prices were not changing immediately, but could not promise future costs.
- The tariffs taking effect this Friday could make Mexican beer less competitive and increase prices for consumers like Golovko.
36 Articles
36 Articles
Steel company president calls tariffs 'step in the right direction'
An American steel manufacturer said Thursday that President Trump's sweeping new tariffs on imports will ultimately be a boon to the industry and workers in the U.S. "I think it's a step in the right direction,” Stephen Capone, president of Massachusetts-based Capone Iron Corporation, said during an interview on NewsNation. "I think once all the dust settles, that people will realize that they're going to be buying steel from American mills." Tr…
NewsNation
UpstractManufacturer getting ready for more domestic demand after tariffs
(NewsNation) — President Donald Trump put tariffs on steel and aluminum last month, and businesses are already seeing an effect. One family-owned metal manufacturer in Los Angeles that makes most of its products from American metals is eager to phase out imported material. Advance Metal Products in California says tariffs will mean higher domestic demand for steel. Robert Schaffer Jr. of Advance Metal Products told NewsNation he expects rising c…
Trump’s tariffs set to drive up bar bills, wipe out spirits jobs | Honolulu Star-Advertiser
LONDON/MILAN/PARIS >> U.S. drinkers will pay more for cocktails, champagne and foreign beers, brands will disappear from bar menus and jobs will be lost on both sides of the Atlantic as a result of U.S. President Donald Trump’s reciprocal tariffs, drinks industry bodies and analysts said today.
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