The recent announcement of new tariffs on imported steel and aluminum by President Trump threatens to raise prices significantly for consumers in the DC area, particularly impacting local breweries like Atlas Brew Works. Past tariffs in 2018 already strained the beer industry due to increased material costs, causing supply chain disruptions and substantial price hikes. This time, the situation appears more dire as economists predict widespread price increases for various metal goods. Brewery owners express their concerns about surviving another round of tariff-induced challenges, fearing shutdowns like those witnessed previously.
The looming trade policy will affect operations, as increased costs during Trump's first-term tariffs caused massive disruptions for breweries like Atlas Brew Works.
Beer manufacturers felt a strain in 2018 due to increased material costs, leading to sticker shock for customers and serious repercussions for small breweries.
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