James Abbott's questions to Reynolds Consumer Products Inc (REYN) leadership • Q3 2024
Question
James Abbott questioned the potential impact of Canadian tariffs on Chinese aluminum and broader tariff risks, and also asked for specifics on the legislation affecting foam plates.
Answer
President and CEO Lance Mitchell stated that the Canadian aluminum tariff has a 'de minimis' impact on the company but that they are closely monitoring the broader tariff environment, citing past success in managing such challenges. He clarified that the foam plate legislation consists of bans in certain states and localities, primarily on the West and Northeast coasts where foam usage is already lower.