Trump’s tariffs are making my beer more expensive

Published July 23, 2019 4:00am ET



The cost of aluminum is going up, and it isn’t a mystery as to why the price is increasing. President Trump has decided to raise the price on aluminum through tariffs. When aluminum costs more, beer costs more ⁠— and that doesn’t make me happy.

It shouldn’t make any of us happy. When a good costs more to produce there a lot of economic effects that we don’t often think about. When prices rise, fewer products are purchased, and when fewer products are purchased, fewer people are employed. When fewer people are employed, fewer items are bought throughout the economy, and therefore fewer people overall are employed. It isn’t a good sequence of economic effects.

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