Trump’s tariff plan would lead to loss of jobs: The Beer Institute CEO

President Trump’s plan to impose tariffs on steel and aluminum imports is a tax on U.S. consumers and will result in the loss of 20,000 jobs, says The Beer Institute President and CEO Jim McGreevy.

[hotrod]

Ya think you are BLOWING THINGS A LITTLE OUT OF PROPORTION, JUST BCAUS U MIGHT LOSE A LITTLE OF YOUR MEGA PROFITS FOR YOUR EXPENSIVE “BEER”. How can he Predict the loss of jobs, just because of his projected and predicted increases. Make ALL Cans a .10cent return then we can recycle the Aluminum we Have. Instead of purchasing more and more.

[johndaniels]

Exactly no one is losing their jobs, we're not gonna drink less beer. Total bull shit!!

[kensmith]

It turns out that the tariff is a threat to try to get a better deal on NAFTA.
Friends don't threaten friends.

[iamanamerican]

are you importing beer or aluminum. If a cent goes up for a beer can, we are fine. I really pity this character who is from beer institute. He is part of the problem., He has no clue what he is talking but ready to talk end to end supply chain, end to end food cycle etc. He has not given any point why he feels his industry will suffer because of the imported Aluminum or because of 10% tariff. I am sure none of the US beer is going to Europe as entire EU is producing Beer, Cheese and Car. Nothing more.

[joemonroe]

Match foreign tariffs, but double what they charge to make up for the last 30 years.

[vincentvargas]

BEER INDUSTRY SWITCH TO GLASS BOTTLES?

[anthonygryczkowski]

Oh boy, we might get a couple less alcoholics out of it.

[maxmustermann]

Pinky: "Damm Brain, our plan to flood the US Market with Bavarian beer failed" :)

[louisesmith]

Well maybe we won't have so many drunks .