Industry News

Tariff increase could impact the price you pay at local breweries

Views : 62
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 >>
US aluminium trade trends down with imports dampened by 12% in February 2025 US aluminium trade trends down with imports dampened by 12% in February 2025
May .09.2025
US aluminium trade trends down with imports dampened by 12% in February 2025
Geneva to host the world’s most expensive conversation between China and US Geneva to host the world’s most expensive conversation between China and US
May .09.2025
Geneva to host the world’s most expensive conversation between China and US
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
May .09.2025
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
India launches aluminium recycling portal amid circular economy push and global trade shifts India launches aluminium recycling portal amid circular economy push and global trade shifts
May .09.2025
India launches aluminium recycling portal amid circular economy push and global trade shifts