(Image: breakingthewalls_stock.adobe.com)

(Image: breakingthewalls_stock.adobe.com)

The Brewers of Europe react to announcement of specific 25% US tariffs on beer

In a press release, the Brewers of Europe reacted to the US announcement of 20% tariffs on all EU products. They stated that this would result in losers on both sides, both socially and economically.

The press release continues:

"However, it is the addition of Beer to Annex 1 on aluminium derivative products facing a 25% tariff that is particularly concerning to Europe’s ten thousand breweries. The US is European brewers’ second most important export market for beer in both value and volume terms. We are currently seeking further clarity on the exact products captured by this new announcement.

Brewing is a key driver of growth, investment and employment on both sides of the Atlantic and a major part of people’s lives on both continents.

With value chains that stretch from the farmers grafting in the fields to the hardworking staff in the bars, it is critical to de-escalate and work towards a solution that cuts tariffs on beer and thus benefits consumers, workers and businesses in both the EU and the US."

About The Brewers of Europe:

Based in Brussels, The Brewers of Europe brings together national brewers’ associations and companies from 28 European countries to support the united interests of Europe’s 10,000+ breweries.

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