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AriZona Iced Tea is considering raising its prices for the first time in almost 30 years

Trump Tariffs: What happened to the markets overnight?
  • AriZona Iced Tea is considering raising the price of its signature "Big Cans" for the first time in nearly 30 years.
  • The potential price increase is a direct result of Donald Trump's 50 percent tariff on aluminum imports.
  • Co-founder Don Vultaggio expressed strong reluctance to abandon the $0.99 price point, which has been maintained since 1997, emphasizing customer loyalty.
  • The company imports 20 percent of its aluminum from Canada, and the tariffs are expected to drive up costs for both imported and domestic materials.
  • Industry groups and political figures have criticized the tariffs, warning of their detrimental impact on American manufacturers and consumers.
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