Author Topic: Beer industry blames Trump's tariffs for loss of 40K jobs: report  (Read 1784 times)

0 Members and 1 Guest are viewing this topic.

Online corbe

  • Hero Member
  • *****
  • Posts: 39,737
Beer industry blames Trump's tariffs for loss of 40K jobs: report

By Rachel Frazin - 05/23/19 04:42 PM EDT
   

The beer industry is reportedly blaming the Trump administration's tariffs for a loss of jobs of 40,000 jobs.

A study by the Beer Institute and National Beer Wholesalers Association found that direct, indirect and induced jobs dropped to 2.19 million in 2018 from 2.23 million in 2016, according to Bloomberg News, and insiders say President Trump's steel and aluminum tariffs are the cause.

“Aluminum tariffs are increasing brewers’ costs and are an anchor on a vibrant industry,” Beer Institute in Washington CEO Jim McGreevy told Bloomberg in a statement. “Each brewer is deciding for themselves how to absorb that expense, whether it’s raising prices, laying off workers or delaying innovation and expansion.”

<..snip..>

https://thehill.com/policy/finance/trade/445305-beer-industry-blames-trumps-tariffs-for-loss-of-40k-jobs
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline skeeter

  • Hero Member
  • *****
  • Posts: 26,717
  • Gender: Male
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #1 on: May 23, 2019, 09:30:29 pm »
Tastes better in bottles anyway.

Online corbe

  • Hero Member
  • *****
  • Posts: 39,737
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #2 on: May 23, 2019, 09:46:34 pm »
   I'm not buying this BS report or their swill that they call beer, anymore.  The Craft Beer industry is what is effecting their bottom line.  Texas is about to pass a law that will allow the local breweries to sell their beer directly, further marginalizing these pizz bottlers.
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 19,465
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #3 on: May 24, 2019, 04:12:07 pm »
Since the biggest beer company is foreign owned, it does not take a genius to figure out it imports a lot of beer rather than make it domestically.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington

Online Wingnut

  • That is the problem with everything. They try and make it better without realizing the old is fine.
  • Hero Member
  • *****
  • Posts: 28,291
  • Gender: Male
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #4 on: May 24, 2019, 04:21:34 pm »
Tastes better in bottles anyway.

Less Filling.
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Bill Cipher

  • Guest
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #5 on: May 25, 2019, 03:21:04 pm »
Since the biggest beer company is foreign owned, it does not take a genius to figure out it imports a lot of beer rather than make it domestically.

The tariffs aren’t on beer. 

Offline Sanguine

  • Hero Member
  • *****
  • Posts: 35,986
  • Gender: Female
  • Ex-member
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #6 on: May 25, 2019, 03:30:37 pm »
   I'm not buying this BS report or their swill that they call beer, anymore.  The Craft Beer industry is what is effecting their bottom line.  Texas is about to pass a law that will allow the local breweries to sell their beer directly, further marginalizing these pizz bottlers.

Yeah, their claims don't seem to hold waterbeer.

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 19,465
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #7 on: May 26, 2019, 11:04:23 pm »
The tariffs aren’t on beer.
Never said it was a tariff on beer, (although we do have one already on the books).

But don't you think a 25% increase in these items impact the US makers of beer?

https://qz.com/1312466/eu-tariffs-all-of-the-us-products-that-will-have-higher-duties/
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington

Offline goatprairie

  • Hero Member
  • *****
  • Posts: 9,191
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #8 on: May 30, 2019, 02:35:47 pm »
The tariffs aren’t on beer.
They put beer into aluminum cans. The tariffs are on aluminum.

Offline thackney

  • Hero Member
  • *****
  • Posts: 12,267
  • Gender: Male
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #9 on: May 30, 2019, 02:41:32 pm »
They put beer into aluminum cans. The tariffs are on aluminum.

With approximately a half-ounce of aluminum per can, or 32 cans per pound, that makes each one worth about 1.7 cents.

https://www.thepennyhoarder.com/make-money/aluminum-can-prices/
Life is fragile, handle with prayer

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 19,465
Re: Beer industry blames Trump's tariffs for loss of 40K jobs: report
« Reply #10 on: May 31, 2019, 05:44:04 pm »
With approximately a half-ounce of aluminum per can, or 32 cans per pound, that makes each one worth about 1.7 cents.

https://www.thepennyhoarder.com/make-money/aluminum-can-prices/
That tiny amount certainly will never justify the ranting going on right now by beer makers, who always have other package options to sell their beer.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington