Caroline Woods brings you the biggest news of the day, including how one Canadian brewery is dealing with tariffs.
Category
🛠️
LifestyleTranscript
00:00As new tariffs loom over some of the U.S.'s biggest trade partners,
00:04one Canadian company is trying to relieve some of the stress its customers might endure.
00:09Moosehead Breweries, Canada's oldest brewery,
00:12is now selling a giant crate equipped with 1,461 beers.
00:18If you're doing the math at home, that comes out to one beer a day
00:21for the duration of Donald Trump's second term.
00:24The brewery, founded in 1867, released a statement saying
00:28if the start of 2025 has taught us anything,
00:31it's that it will take determination to weather four years of political uncertainty
00:36and what better way to make it through each day than with a truly Canadian beer.
00:41Moosehead itself will be impacted by the new tariffs when they kick in.
00:45The company will face a new 10% hike on aluminum lids,
00:48lids it claims it can only purchase from the U.S.
00:51Moosehead also says 20% of its beer is sold in the States
00:56and those exports could be hit by the tariffs.
00:59Dubbed the Presidential Pack, the $2,400 crate is available
01:04in the Canadian provinces of Ontario, New Brunswick and Nova Scotia.
01:09That'll do it for your daily briefing from the New York Stock Exchange.
01:12I'm Caroline Woods with The Street.