Trump’s favorite drink just got more expensive — but he has only himself to blame
CEO James Quigley described the “disruptive” price change as a needed measure due to Trump’s tariffs.
The impact of these tariffs could become much more severe than a price hike on sodas.
Yahoo! News reports:
The Beer Institute, a trade group representing beer producers, estimated that the aluminum tariff would cost brewers $348 million and could lead to the loss of more than 20,000 jobs in the industry.# p #5_8 # ad skipped = true #
Commerce Secretary Wilbur Ross dismissed the possible negative consequences of tariffs in March by, ironically, holding up a Coke can.
“Who in the world is going to be too bothered by six-tenths of a cent?” Ross said, inventing a number.
Workers who lose their jobs because of this unnecessary trade war may have an answer.