Canned beer imports will be subject to a 25% tariff, putting pressure on Constellation Brands‘ bottom line.
The Trump administration will implement a 25% tariff of all imported canned beer and empty aluminum cans starting Friday, according to a notice from the Department of Commerce.
The expansion of U.S. aluminum tariffs comes shortly before President Donald Trump is expected to announce sweeping new levies on imported goods at a Rose Garden event at 4 p.m. ET.
Industry analysts expect the tariffs on canned beer imports to weigh most heavily on Constellation Brands.
