If you are planning buy equipment manufactured abroad or export beer to other countries, you should become familiar with the potential risks of price fluctuations and supply chain disruptions.
“Section 232” tariffs are focused on steel and aluminum products. Even though 98% of aluminum cans used in the United States are produced in the United States, different materials used to make the aluminum cansheet are sourced from outside the U.S. The 10% tariff on aluminum has already impacted can manufacturers and some brewers may have already or will soon experience price increases.
Brewing Equipment featured expert topic supported by California Craft Brewers Association
The 2024 California Craft Beer Summit is the most important event of the year for California Brewers or anyone interested in building their business in the craft beer industry. The 2024 Summit will be held in Sacramento on March 12-14, 2024.
Companies that produce kegs or brewery equipment could also feel the impact of the 25% tariffs on steel imports if they source their stainless-steel from other countries and there may be price increases or delivery delays in the near future.
The Brewers Association has released update information on the potential impact of tariffs to the craft brewing community here.