Workflow
Aluminum
icon
Search documents
Could Trump's Tariffs Cause AriZona to Raise Iced Tea Prices?
Bloomberg Television· 2025-08-23 09:01
Pricing Strategy & Tariff Impact - The company has been holding prices for 30+ years and aims to continue despite recent tariff effects [1] - The company hopes the tariff effect will subside and those exploiting the situation will be addressed by government officials [2] - The company intends to hold the price on cans as long as possible, but will re-evaluate if the situation persists or other cost factors arise, such as transportation [8] - The company is reducing the price on plastic products to reflect the drop in crude oil prices [7] Aluminum Market & Recycling - Tariffs are unfairly applied to recycled aluminum collected in America, leading to market manipulation [6] - The Midwest premium for aluminum freight has increased significantly from $0.05-0.08 per pound to nearly $0.70 per pound, largely due to tariffs [4] - Aluminum is highly recyclable and widely reused in America, particularly for containers [5] Government & Trade Policy - The CEO is willing to engage with the administration to educate them on the unintentional consequences of current policies [10] - The company believes tariffs on goods that cannot be produced domestically, such as coffee beans, bananas, and mangoes, are detrimental and ultimately affect consumers [11] - The company does not want consumers to bear the burden of price increases [12]
X @Bloomberg
Bloomberg· 2025-08-20 22:04
Copper wire and cable maker Southwire is praising the Trump administration for adding import tariffs on aluminum and copper derivative products, saying it'll help American manufacturers https://t.co/idWsAghfKR ...