Protectionism vs. Cheap Beer: New at Reason

Located on the outskirts of Philadelphia, American Keg is the type of small, blue-collar manufacturing business that might earn praise from President Donald Trump. It’s the only remaining American manufacturer of stainless steel beer kegs, and CEO Paul Czachor is proud to use only American-made steel.

But American Keg is in jeopardy of going out of business, and the culprit is none other than Trump himself. The president’s 25 percent tariff on steel and 10 percent tariff on aluminum apply only to imported metal, but they will increase the price of domestic products too, because, well, that’s what tariffs do, writes Eric Boehm in the latest issue of Reason.

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