One of the nation’s largest brewers says it expects tariffs on the aluminum used in its cans to dent its profits this year.

Molson Coors said in its latest financial results that an 8.1% jump in its average cost of goods sold in the quarter, in part, reflected increases in the U.S. Midwest aluminum premium, and noted that commodity inflation would continue to affect profitability this year. Company officials estimated at an industry conference Wednesday that aluminum costs would impact profit by about $125 million, Reuters reported.

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