Mainecat Posted May 23, 2019 Share Posted May 23, 2019 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. Read more: https://www.bloomberg.com/news/articles/2019-05-23/u-s-beer-industry-blames-trump-tariffs-for-u-s-jobs-decline Quote Link to comment Share on other sites More sharing options...
Momorider Posted May 23, 2019 Share Posted May 23, 2019 FAKENEWSMAINECUNT Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted May 23, 2019 Share Posted May 23, 2019 Ben just switched to the hard alcohols. Not a trade or tariff issue. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted May 23, 2019 Platinum Contributing Member Share Posted May 23, 2019 I blame Trump for the rain we got again today Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 23, 2019 Platinum Contributing Member Share Posted May 23, 2019 I call bullshit. No drunk is going to stop drinking because a case of beer went up a buck. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 23, 2019 Author Share Posted May 23, 2019 I see the Russians are opening an aluminum plant in McConnells state. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 23, 2019 Platinum Contributing Member Share Posted May 23, 2019 Just now, Skidooski said: I blame Trump for the rain we got again today world hunger , underarm wetness, traffic congestion and heartburn 1 Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted May 23, 2019 Share Posted May 23, 2019 2 minutes ago, Mainecat said: 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. Read more: https://www.bloomberg.com/news/articles/2019-05-23/u-s-beer-industry-blames-trump-tariffs-for-u-s-jobs-decline yeah that or people don't drink as much piss water seeing as there is a local brew,house in every fucking town like the cum stains at Bloomberg would ever grab a 6 pac Michelob over a growler to sit around and act smarmy at a gathering Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 23, 2019 Author Share Posted May 23, 2019 1 minute ago, steve from amherst said: I call bullshit. No drunk is going to stop drinking because a case of beer went up a buck. 40,000 lost jobs already Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 23, 2019 Platinum Contributing Member Share Posted May 23, 2019 Just now, Mainecat said: 40,000 lost jobs already since when? 2016 according to your article. but there were no tarrifs in 2016. Quote Link to comment Share on other sites More sharing options...
Momorider Posted May 23, 2019 Share Posted May 23, 2019 1 minute ago, Mainecat said: 40,000 lost jobs already and Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 23, 2019 Author Share Posted May 23, 2019 https://www.newsweek.com/company-russian-oligarch-millions-aluminum-plant-mitch-mcconnell-1397061 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 23, 2019 Author Share Posted May 23, 2019 Molson Coors Brewing Co. estimated last year that the levies would create a $40 million hit to its bottom line. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 23, 2019 Platinum Contributing Member Share Posted May 23, 2019 Net sales: $2.419 billion, decreased 6.2 percent and 5.0 percent in constant currency due to lower volume in the U.S. and Canada, partially offset by higher net pricing. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 23, 2019 Share Posted May 23, 2019 Unreal. Trump needs to stop global warming. What an ass!!!!! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 23, 2019 Platinum Contributing Member Share Posted May 23, 2019 2 minutes ago, Zambroski said: Unreal. Trump needs to stop global warming. What an ass!!!!! No, global warming. People hotter. Hotter people drink more beer. See the blame lies with these global warming fucks. They overcorrected. Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted May 23, 2019 Share Posted May 23, 2019 I buy almost exclusively from local breweries now and I sure I am not alone as there seems to a new one on every corner. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 23, 2019 Platinum Contributing Member Share Posted May 23, 2019 Just now, Carlos Danger said: I buy almost exclusively from local breweries now and I sure I am not alone as there seems to a new one on every corner. 1/2 the people I know drink something that I never heard of 10 yrs ago. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 23, 2019 Share Posted May 23, 2019 1 minute ago, Carlos Danger said: I buy almost exclusively from local breweries now and I sure I am not alone as there seems to a new one on every corner. It is absolutely booming here. I mean BOOMING! Just now, steve from amherst said: 1/2 the people I know drink something that I never heard of 10 yrs ago. Hell, I can easily drink 3-4 this weekend I never heard of before. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 23, 2019 Author Share Posted May 23, 2019 The Trump tariff cowboys are lining up. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted May 24, 2019 Gold Member Share Posted May 24, 2019 Everybody being a brewmaster in their garages is what is causing corporate beer to cut jobs.... notice how no craft beers come in aluminum.... it’s just the big beer corps which have been losing out for sometime Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 24, 2019 Share Posted May 24, 2019 3 minutes ago, Mainecat said: The Trump tariff cowboys are lining up. No reason to line up to get the bulge on a tub like you. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted May 24, 2019 Gold Member Share Posted May 24, 2019 (edited) Beer jobs loses under Obama...... here are a few off the 10’s of thousands of job loses under Obama in the beer industry. https://www.greensboro.com/news/local_news/closing-millercoors-plant-affects-economy-throughout-rockingham-county-video/article_b3470c56-decf-551a-86dc-5b1ad2d93dc8.html Edited May 24, 2019 by BOHICA Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 24, 2019 Author Share Posted May 24, 2019 Yup You've chosen to ignore content by BOHICA. Options You've chosen to ignore content by Zambroski. Options You've chosen to ignore content by BOHICA. Options Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted May 24, 2019 Share Posted May 24, 2019 I buy almost exclusively from local breweries now and I sure I am not alone as there seems to a new one on every corner. Quote Link to comment Share on other sites More sharing options...
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