US aluminum industry urges Trump to exempt Canada from tariffs

Date:

The US is heavily reliant on imported aluminum, which is used in construction and a wide range of manufactured goods from car components to food packaging. Shipments of the lightweight metal from other countries accounted for 44% of the approximately 4 million tons consumed in 2023. Canada was the source of more than half those imports, according to Morgan Stanley.

“To ensure that American aluminum wins the future, President Trump should exempt the aluminum metal supply needed for American manufacturers, while continuing to take every possible action at the US border against unfairly traded Chinese aluminum,” the Aluminum Association said in a statement Saturday.

(By Simon Casey)


Read More: US buyers face higher costs if Trump pursues copper, aluminum tariffs

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...