shipment

The meeting will be a test for the new administration, coming as trade data shows that Japan’s shipments to the U.S. remain a weak spot, underlining worries about the impact of tariffs.

So, despite having 80% of its wholesale shipments manufactured or assembled in the U.S., the company raised retail prices in July.

“We’ve had two shipments so far, and everything is gone, like, that day,” a store clerk said.

The updated guidance comes after the company logged lower revenue in its latest quarter as depletions and shipments fell.

The shipments are still subject to the 50% U.S. tariff on imported aluminum.