Budweiser maker Anheuser-Busch InBev says tariff impact remains ‘very limited’

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Anheuser-Busch InBev (BUD) CFO Fernando Tennenbaum said the beer maker isn't worried about President Trump's tariffs disrupting its business. "Most of our beer is sourced, brewed, and consumed locally, so any exposure to tariff is very limited," Tennenbaum told Yahoo Finance over the phone. Tennenbaum stated that 99% of what AB InBev sells in the US is made domestically. "We source the vast majority of our ingredients and other raw materials also in the US," Tennenbaum added. The Trump administration recently levied 25% tariffs on steel and aluminum imports, which could raise prices for aluminum cans, and an additional 10%...