Trump reimposes aluminum tariffs that could help Rusal, Norsk Hydro — Panjiva
MENU

Supply Chain Research

Trump reimposes aluminum tariffs that could help Rusal, Norsk Hydro

Canada 491 Cons. Discr. - Autos 1178 Cons. Discr. - Durables 513 Elections 121 Materials - Metals/Mining 750 Metals - Aluminum 247 Russia 118 Tariffs 1793 U.S. 5316 UAE 25 USMCA 456

President Trump has reimposed 10% duties on imports of unwrought aluminum from Canada under the section 232 “national security” program. That follows a 77.3% surge in shipments in the 12 months to June 30 following the removal of the original section 232 duties which formed part of the run-up to the signing of the USMCA trade deal. The tariffs will help suppliers from other countries as well as American producers. U.S. seaborne imports linked to non-Canadian suppliers including Dubai Aluminum and Norsk Hydro climbed by 23.1% and 28.5% year over year in Q2 while Rusal returned in July aft...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.