Bud Beer, Kisses, Apple Macs Caught Up in Aluminum Tariff Plan
- AB InBev, MillerCoors speak out against Trump’s levy plans
- Costs would lead to job cuts, higher prices: retail group
This article is for subscribers only.
President Donald Trump says his proposed aluminum and steel tariffs are about putting America first, but they may affect all kinds of products people in the U.S. consume or use daily -- from Bud Light to Hershey’s Kisses to Mac computers.
While the metal levies would hit the auto and aerospace industries hardest, they have ramifications for a wide range of businesses, including items consumers purchase significantly more frequently. Beer, soft drinks, candy, canned soup and even pharmaceuticals rely on aluminum for cans, wrappers and blister packs, and many electronics include the metal. Containers and packaging make up about 18 percent of aluminum consumption in the U.S., according to Bloomberg Intelligence.