Businesses brace for effects of tariffs on metals

At Death of the Fox Brewing Company in Clarksboro, New Jersey, they brew their own beer, and they can it, too.

Brewery president Chuck Garrity is concerned about the new U.S. tariffs: 25% on imports of aluminum and steel.

"Stainless steel is absolutely critical to what we do," he said.

He says if the cost of aluminum cans and steel brewing equipment go up, along with the rising cost of ingredients, it's likely he'll have to raise his prices.

"I'm getting contacted by companies who say, we can't give you guarantees that our prices are going to remain stable," said Garrity.
#tariffs #politics #business #aluminium #steel
https://6abc.com/post/local-businesses-brace-effects-tariffs-metals/16013625/