The Transylvania Times -

Locals Weigh Tariff Impact -Brevard NC


Last updated 8/8/2018 at 3:29pm

Some local manufacturers, such as Oskar Blues Brewery, say they are taking a financial hit because of the recent import tariffs imposed by the Trump administration, while others aren’t sure what the long-term impact will be.

The import tariffs placed on steel and aluminum from Europe, Canada and Mexico went into effect June 1. The steel imports are taxed at 25 percent and aluminum at 10 percent.

For Oskar Blues, the aluminum hike means their yearly production costs will increase by about $400,000, according to Aaron Baker, the company’s marketing director.

“Seventy percent of our...

For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 07/26/2021 06:14