Packaging industry concerned about impact of new tariffs on prices and supply chains

From Yahoo Finance: 2025-04-09 12:41:00

President Donald Trump’s newly imposed tariffs are causing concern in the packaging industry, affecting prices of finished products and materials like aluminum and steel. Previous tariffs led to industry-wide price increases, impacting global suppliers and domestic manufacturers. The trade war with China in 2018-2019 reshaped cost structures and supply chains in the packaging industry.

The current tariffs are expected to increase costs for metal food cans, beverage cans, industrial chemicals, and breweries. Evergreen advises packaging companies to anticipate rising prices, supply gaps, and extended wait times. Agility and resilience are crucial, as businesses must adapt quickly to changing tariff policies and market conditions to weather the storm.

Companies that can pivot, diversify sourcing, forge new supplier relationships, and adjust pricing models have been able to navigate the higher costs. Those slow to adapt continue to struggle under the weight of a fragmented global supply chain. The future of packaging may rely on reusable materials to mitigate the impacts of tariffs and supply chain disruptions.



Read more at Yahoo Finance: Packaging industry fears repeat of 2018-19 tariffs’ impact