Welp, there goes another 40K jobs -- Beer industry crippled by Trump tarriffs

[Ralph]

don't explain to me why those 40K people got laid off, tell them

Because they were attempting to save a dime by importing cheap metal? Those damn evil ass 1%ers. What ya goin'a do protest on Wall Street?

[Bill]

Unfortunately, I might be responsible for putting a dent in the domestic beer industry profitability.

Compared to my prodigious beer consumption prior to 2016, I am practically a teetotaler now, and likely depriving American brewers of vast profits.

Another slap in the fact to domestic beer, is when I do drink it is almost always beer from Quebec, Mexico, or Russia.

Wrapping up: I will plead guilty to helping Trumpf bleed the American beer industry dry.

Quebec??

[jimmymccready]

Yeah.....and you just like all left wing mud slingers....documented the hell out of your proof. You did not because YOU CANNOT. SOCK.

You have no proof

[MAGA MAN]

U.S. Beer Industry Blames Trump Tariffs for 40,000 Job Losses
Source: Bloomberg


The U.S. beer industry is blaming a jobs hangover on the Trump administration’s tariffs.

A report by two trade groups showed U.S. beer-industry jobs dropped 40,000 since 2016 as metal tariffs boosted aluminum-can costs, leading to a drop in investment. The biennial study by the Beer Institute and National Beer Wholesalers Association said direct, indirect and induced jobs fell to 2.19 million in 2018 from 2.23 million in 2016.

“Aluminum tariffs are increasing brewers’ costs and are an anchor on a vibrant industry,” Jim McGreevy, the chief executive officer of the Beer Institute in Washington, said in an emailed 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.”
Aluminum traders expect higher costs to ship metal into U.S. Midwest

The shipping and logistics charge for delivering aluminum to the U.S. Midwest, known as the “premium,” more than doubled as Trump slapped a 10% tariff on imports of the metal. Molson Coors Brewing Co. estimated last year that the levies would create a $40 million hit to its bottom line.

[link avail upon req]

The "Beer industry" you have this selective affinity for has been on the demise for years due to the craft beer movement, which has brought in hundreds of thousands of jobs to local communities. Anyone who likes beer should understand how this is a great time in history to be alive.

[iolo]

That’s part of it. I would also say the increase of micro brews is contributing as well

Yes, good - but it is mainly Trumpf's teetotalism, I think. That vast belly, properly filled, could settle the difficulty for the piss-merchants in no time.

[Micawber]

Question? What are these evil corporations doing using IMPORTED metals in the first place? Just think of all the JOBS they are costing the BULE COLLAR WORKERS of the United States....as if the US does not have the manpower or technology to make its own products? Thanks BLOW JOB BILL and NAFTA, Thanks China Joe and coke head Hunter Biden...…….

Personal opinion? I think the only one's that are really going to be effected are the Alcoholics in training. What's a few pennies among drinking pals?

circle wagons, blame others , deflection...

weak

The issue is where is your party on tariffs ,, because it is 180 where it was, and is it only because Trump, your dear leader, is doing it?
He owns the downside of his tariffs, right? Now, spew out another senseless hack answer.

It's clear you are trying to rewrite history. The cornservatard movement INVENTED the free trade shit.(Think ayn rand-Atlas shrugged and other fiction screeds) as the intellectual backdrop along with comparative advantage and natural factor endowments)
At your bidding, the Dems eventally came around as opposed to opposing it and conservative applauded that.

So to lay that at Dems feet is like blaming Trump for the holocaust, just because he sounds like Hitler sometimes.

[reagansghost]

Because they were attempting to save a dime by importing cheap metal? Those damn evil ass 1%ers. What ya goin'a do protest on Wall Street?

are you an alcoholic?

[Gonzomin]

remember when the republican party used to HATE tariffs

Just about all economists hate them too. Trump is starting a war that both sides lose. The people, who do not want it to happen are the losers. A tariff is a tax on American consumers.

[Cypress]

Quebec??

Relatives and friends in Quebec. My cousin Nikita drinks this beer with me. I do not pretend to be a beer snob, but this is pretty bloody good.

[Tkaffen]

Question? What are these evil corporations doing using IMPORTED metals in the first place? Just think of all the JOBS they are costing the BULE COLLAR WORKERS of the United States....as if the US does not have the manpower or technology to make its own products? Thanks BLOW JOB BILL and NAFTA, Thanks China Joe and coke head Hunter Biden...…….

Personal opinion? I think the only one's that are really going to be effected are the Alcoholics in training. What's a few pennies among drinking pals?

The cans are made in the US. The beer industry imports 36% of the aluminum. 64% is purchased from US manufacturers.

[Micawber]

Just about all economists hate them too. Trump is starting a war that both sides lose. The people, who do not want it to happen are the losers. A tariff is a tax on American consumers.

For me devil is the details. In some cases a case can be made in others more harm than good. The theoretical
claim that any tariff is a drag on the global output is well founded in international trade theory. That does not mean
one country or its people, or anothers' will not win or lose. Here it appears Beer industry gets a hit.
It's fair that TRump pays the price and the news reports he is hurting them. Is it pinching some foreign country
enough to make it modify its behavior in ways that benefit us? That's the question.

But nnobody here is capable of discussing this. This country has the TV 3 second attn span and Repukes
are particularly sound bite afflicted. That's why a scoundrel lightweight like Dump is so successful with them.

They are dumb.

[Truth Detector]

U.S. Beer Industry Blames Trump Tariffs for 40,000 Job Losses
Source: Bloomberg


The U.S. beer industry is blaming a jobs hangover on the Trump administration’s tariffs.

A report by two trade groups showed U.S. beer-industry jobs dropped 40,000 since 2016 as metal tariffs boosted aluminum-can costs, leading to a drop in investment. The biennial study by the Beer Institute and National Beer Wholesalers Association said direct, indirect and induced jobs fell to 2.19 million in 2018 from 2.23 million in 2016.

“Aluminum tariffs are increasing brewers’ costs and are an anchor on a vibrant industry,” Jim McGreevy, the chief executive officer of the Beer Institute in Washington, said in an emailed 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.”
Aluminum traders expect higher costs to ship metal into U.S. Midwest

The shipping and logistics charge for delivering aluminum to the U.S. Midwest, known as the “premium,” more than doubled as Trump slapped a 10% tariff on imports of the metal. Molson Coors Brewing Co. estimated last year that the levies would create a $40 million hit to its bottom line.

[link avail upon req]

LINK shit-for-brains.

[Truth Detector]

Question? What are these evil corporations doing using IMPORTED metals in the first place? Just think of all the JOBS they are costing the BULE COLLAR WORKERS of the United States....as if the US does not have the manpower or technology to make its own products? Thanks BLOW JOB BILL and NAFTA, Thanks China Joe and coke head Hunter Biden...…….

Personal opinion? I think the only one's that are really going to be effected are the Alcoholics in training. What's a few pennies among drinking pals?

It's a FAKE news story. No jobs have been lost in the beer industry.

[Truth Detector]

All of your claims about job wage growth are lies.

Moron wallowing in denial.

[Truth Detector]

Unfortunately, I might be responsible for putting a dent in the domestic beer industry profitability.

Compared to my prodigious beer consumption prior to 2016, I am practically a teetotaler now, and likely depriving American brewers of vast profits.

Another slap in the fact to domestic beer, is when I do drink it is almost always beer from Quebec, Mexico, or Russia.

Wrapping up: I will plead guilty to helping Trumpf bleed the American beer industry dry.

The only thing you are guilty of is wasting perfectly good oxygen. Kill yourself and raise the worlds IQ.