Aluminum producer Alcoa said on Tuesday that U.S. President Donald Trump's plan to impose a tariff on aluminum imports could cost about 100,000 U.S. jobs and would itself not be enough to entice it to boost production in the country.

The Trump administration plans to implement 25% tariffs on aluminum and steel. The craft beer industry could be hit particularly hard by the tariffs.

India is studying U.S. President Donald Trump's threat to impose tariffs on the country's steel and aluminium imports, mines secretary Kantha Rao said on Thursday.

Craft beer and aluminum tariffs

In early 2025 sales data, beer in aluminum cans accounted for approximately 75% of craft breweries’ packaged volume and revenue, according to data from the Brewers Association.