Pete Coors, in an op-ed column in the Wall Street Journal, gave the thumbs down to President Trumps notion that tariffs can be “avoided.” Coors, vice chairman of the Molson Coors Brewing Co., wrote “according to President Trump, tariffs can be ‘completely avoided if you buy from a non-Tariffed Country, or you buy the product inside the USA (the best idea). That’s Zero Tariffs.’ Unfortunately, this isn’t quite true for anyone buying aluminum. Thanks to manipulative business practices that appear to permeate the industry, it doesn’t matter if you buy from a tariffed company or an American one—you’ll still pay the same high price.”
Coors said that “Molson Coors urges the president to investigate the aluminum industry and the conduct of its biggest actors. We ask for the same regulatory and legislative oversight that is applied to other commodities.”