The Trump administration plans to implement 25% tariffs on aluminum and steel. The craft beer industry could be hit particularly hard by the tariffs.

The European Union estimates that the first wave of Donald Trump’s steel and aluminum tariffs will hit as much as €28 billion ($29.3 billion) of the bloc’s exports in what would be a massive escalation in the US president’s trade war.

The 25% tariffs on imported steel could be a boon for Cleveland producers like Cleveland-Cliffs, but hurt manufacturers and consumers.

Canada supplies roughly 60% to 70% of the imports that come into the U.S. market. Canadian suppliers like Rio Tinto produce high quality aluminum that is typically sold to stateside buyers.

On Feb. 10, 2025, just a week after announcing country-specific, blanket tariffs on Canada, Mexico, and China, President Trump implemented his America First Trade Policy, signing two proclamations: Adjusting Imports of Steel Into the United States and Adjusting Imports of Aluminum Into the United States.

U.S. tariffs could cause the prices of steel and aluminum cans to rise, an increase that may ultimately be passed on to consumers.

Breweries have yet to hear from manufacturers how the tariff will affect pricing for cans and steel equipment such as kegs and fermenting tanks. But the numbers don’t look good for an industry facing economic headwinds.

President Trump’s proposed tariffs on aluminum and steel imports could have ripple effects across the aviation industry.