GlobalPets.com: The Pet Food Institute (PFI) warns that imposing these additional tariffs on consumer goods will increase the production costs of canned cat and dog food. “Those costs will be passed down to Americans who rely on affordable, quality canned pet food,” the PFI warns.
The US does not manufacture a sufficient supply of tinplate steel and relies on imports from other countries. The trade association representing American pet food and treat manufacturers told GlobalPETS that around 62% of tinplate steel was imported last year.
Consumer Brands Association (CBA) stated that if the tariffs go into effect, companies will be forced to raise food prices, which could decrease domestic output, placing up to 2,800 tinplate manufacturing jobs in danger.
It is estimated that the cost of canned food and products could increase between 19% and 30% if the new tariff receives the green light from US officials. Additionally, up to 40,000 manufacturing jobs could be cut.