the week. we want to take a look at tariffs and aluminum premiums. molson coors is among the companies asking the u.s. government to investigate the way aluminum premiums are set. the premium should reflect transportation and handling cost and is up 78% since 2018. raising costs for these companies. earlier i spoke to the senior director of global packaging at molson coors, and asked about the problem with premium pricing. we cannot pierce the veil here, so to speak. we are paying tens of millions of dollars, seeing others throughout the aluminum supply chain are getting those gains. if you look at can sheets, we buy cans for our beer cans. can sheet is made up of 90% of the aluminum used for can sheet should not carry a tariff. that is because you have 70% of an aluminum can is recycled content. section 232 excludes recycled content. on top of that, with 232 being lifted off of canadian aluminum, we estimate 90% of the aluminum in can sheet should not have a tariff but we
commodities edge. 30 minutes focused on the companies, physical assets, and the trading behind the hottest commodities with the smartest voices in the business. first, we kick it off with spot on, our take on the big story of the week. we want to take a look at tariffs and aluminum premiums. molson coors is among the companies asking the u.s. government to investigate the way aluminum premiums are set. the premium should reflect transportation and handling cost is up 78% since 2018. raising costs for these companies. earlier i spoke to the senior director of global packaging at molson coors, and asked about the problem with premium pricing. we cannot pierce the veil here, so to speak. we are paying tens of millions of dollars, seeing others throughout the aluminum supply chain are getting those gains. if you look at can sheets, we buy cans for our beer cans. can sheet is made up of 90% of the aluminum used for can sheet should not carry a tariff. that is because you have 7
the secretary has the duty of making sure that our trust in the treaty responsibilities to american indians and alaska natives are met. it s essential to have the right individual serving in this position. someone who has a record of honoring these critical itsponsibilities and to someone who will approach these duties with only the interests of the american people at the top of his or her agenda. after considering the whole especially the open questions about his actions that have benefited his former clients, i cannot vote to confirm this nominee. his policies are slanted towards private interest and is a former lobbyist for many of the interests, his conflicts are too many. any discussion of this nomination must begin their, by addressing this seriousnt complx interests that he brings to this role and by addressing the ethical cloud that is hanging over this nomination. to put a hold on this nomination until the ethical cloud and if it cannotca be clear. let s talk about a
why he shouldn t be nominated and confirmed as the secretary of interior. without objection. thank you very much. madam president, under secretary bernhard, the department will come to stand for the department of oil interests. these giveaways make it very clear what the objective of his tenure as the secretary of interior will in fact intel. the nomination is just a continuation of the trumpet administration s cocktail cabinets. only a month ago, a farmer was confirmed to head the environmental protection agency. let me say that again. just last month, a lobbyist was nominated and confirmed to be the secretary, the head of the environmental protection agency of the united states. unbelievable. but now, republicans want to install a former lobbyist to head the department of interior because in trump s administration, it is nothing but now we need more answers about the lobbying activities and answers on whether or not he used his position at the department of the interior
american indians and alaska natives are met. it s essential to have the right individual serving in this position. someone who has a record of honoring these critical itsponsibilities and to someone who will approach these duties with only the interests of the american people at the top of his or her agenda. after considering the whole especially the open questions about his actions that have benefited his former clients, i cannot vote to confirm this nominee. his policies are slanted towards private interest and is a former lobbyist for many of the interests, his conflicts are too many. any discussion of this nomination must begin their, by addressing this seriousnt complx interests that he brings to this role and by addressing the ethical cloud that is hanging over this nomination. to put a hold on this nomination until the ethical cloud and if it cannotca be clear. let s talk about a few of them. much has been made of the ethics pledge and whether he has complied with the