Washington (CNN) Craft brewery owners across the country converged on Capitol Hill this week -- just in time for the Trump administration to announce steep new tariffs on steel and aluminum imports. "It's a really difficult time for small brewers right now, because we use a huge amount of stainless steel, and many of us use a huge amount of aluminum too," Leslie Henderson, a co-founder of Mississippi-based Lazy Magnolia brewery, told CNN. "Anything that impacts the cost of our production equipment and our raw materials is going to be extremely painful for all of us." Henderson was one of more than 100 craft brewers who descended on Washington as part of an annual Capitol Hill advocacy push organized by the Brewers Association. The Colorado-based trade group's CEO, Bob Pease, told CNN the tariffs are putting more pressure on small breweries and could slow growth.

Source: CNN June 02, 2018 12:11 UTC