By Laura Cooper
The Trump Administration said it would impose a 25% tariff on imported beer cans and empty aluminum cans, a move that could affect U.S. production of soft drinks, beer, canned wine and cocktails.
A Commerce Department notice said the products would be added, starting Friday, to a previously announced aluminum tariff.
Shares of Constellation Brands, which imports Modelo and Corona beer from Mexico, dropped 1% on Wednesday. The new levy comes at a difficult time for the beer industry, which has been struggling as drinkers cut back on their alcohol consumption or reach for canned cocktails.
Constellation, PepsiCo and Coca-Cola declined to comment.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 02, 2025 17:59 ET (21:59 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。