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Stock impact report

China may end up inadvertent winner from Trump's aluminum tariffs: Russell [Reuters]

Alcoa Corp (AA)  More Company Research Source: Reuters
Last alcoa corp earnings: 7/17 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF China may end up inadvertent winner from Trump's aluminum tariffs: Russell | Reuters 5 Min Read LAUNCESTON, Australia (Reuters) - It’s probably not what U.S. President Donald Trump had in mind when imposing tariffs on aluminum imports, but it looks likely that some of the big winners from the 10 percent import tax will be China’s producers. While Chinese aluminum companies now face the same tariff obstacle as other exporters to the United States, they appear better placed to benefit from some of the (most likely) unintended consequences of the Trump administration’s policies. The Trump tariffs and measures against major Russian producer Rusal, along with a strike at Alcoa’s alumina and bauxite operations in Western Australia are combining to roil aluminum markets. Throw in Trump’s move to double the tariff on aluminum from Turkey and the result is a market that was most likely in a small supply deficit this year is now more concerned about the risk of supply disruptions. Rusal, which [Read more]
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