Trump's new 50% tariffs on steel and aluminum are increasing packaging costs, prompting companies to look for alternatives.

The 50% tariffs on steel and aluminum imports introduced by the Trump administration are hitting the US packaging industry, increasing costs for canning and beverage makers. Companies like Pacific Coast Producers are facing significant additional costs, estimating a 6% increase in the cost of steel used for packaging. In response, firms are looking at alternatives such as cardboard or plastic packaging. However, the transition from metal to other materials is complicated, and most companies are waiting for tariff stability before making major changes. This is likely to increase prices for consumers.