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Beer Institute says aluminum tariffs will bring industry job losses, extra costs to consumer

( March 1, 2018, 23:06 GMT | Official Statement) -- MLex Summary: The Beer Institute, a US trade group for beer industry, forecast higher prices for consumers and job losses in its sector if US President Donald Trump imposes tariffs on aluminum imports. "According to third-party analyses, this 10 [percent] tariff will create a new $347.7 million tax on America's beverage industry, including brewers and beer importers, and result in the loss of 20,291 American jobs."Statement follows:...

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