Trump imposes 25% tariff on canned beer and empty aluminum cans, affecting companies importing from Mexico

From CNBC: 2025-04-02 15:05:00

The Trump administration will impose a 25% tariff on imported canned beer and empty aluminum cans starting Friday, affecting companies like Constellation Brands, which imports all of its beer from Mexico. Shares of Constellation have fallen 22% since Trump’s election. Aluminum cans account for 64.1% of beer distribution, with cans being cheaper and easier to produce and transport than glass bottles. The U.S. imports most of its aluminum from Canada, while China and Mexico are also major exporters to the U.S.



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