Impact of Trump's Tariffs on Craft Brewers in Chicago
Spiteful Brewing, a successful craft brewery in Chicago, faces a new challenge with President Trump's 25% tariffs on imported aluminum, which will raise production costs and potentially lead to price increases for their beer. The craft beer industry, heavily dependent on aluminum cans, is bracing for the impact of these tariffs.
Key Points
- Craft brewing industry in Illinois faces challenges post-pandemic
- 25% tariffs on aluminum from Canada will impact craft brewers like Spiteful Brewing
- Craft beer sales have been stagnant since the pandemic hit
Pros
- Craft brewing industry has grown exponentially in recent years
- Craft breweries contribute significantly to the economy
Cons
- Increased costs for craft brewers due to tariffs on imported aluminum
- Potential price hikes for consumers