The trade war is hitting one Toronto brewery hard

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Trump Is Jacking Up Costs For This Brewery

 

Yesterday, in yet another economically destabilizing move, Trump jacked up steel and aluminum tariffs to 50 per cent. Canada, the largest supplier of both steel and aluminum to the United States, will be hit hard. 

In theory, the tariffs are designed to encourage more U.S.-based manufacturing. But of course the Canadian and American economies are deeply intertwined, and both countries will suffer. Products of all kinds—not just cars—go back and forth across the border multiple times as they are assembled. The making of beer cans, for example, is a complex, North America–wide affair. Trump has rattled the entire industry.

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In a piece for Maclean’s, Bromlyn Bethune, the president of Steam Whistle Brewing in Toronto, describes what Trump’s tariffs have done to her company over the last few months. The aluminum for Steam Whistle’s cans comes from Quebec, then it’s shipped to the U.S. where it’s turned into tallboys and shipped back. Steam Whistle now faces $1 million in expenses the company hadn’t budgeted for. “This has been a really difficult time,” she says, “but it’s also exciting, in a way. It’s forced us to figure out how to protect our business.”

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—Sarah Fulford, editor-in-chief, Maclean’s

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