COLUMN-US aluminium smelters restart slowly; Chinese exports boom: Andy Home [Reuters (UK)]
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Source: Reuters
COLUMN-US aluminium smelters restart slowly; Chinese exports boom: Andy Home | Reuters Reuters Staff 7 Min Read (The opinions expressed here are those of the author, a columnist for Reuters) * China aluminium product exports: tmsnrt.rs/2K9a3yI * London-China arbitrage: tmsnrt.rs/2JWSBO3 By Andy Home LONDON, June 22 (Reuters) - It’s been three months since President Trump announced the imposition of 10 percent tariffs on U.S. imports of aluminium. It’s been three weeks since he removed temporary tariff exemptions on imports from key allies, including Canada, the largest supplier of aluminium to the United States. The winds of trade war are blowing ever harder. European Union counter-duties on U.S. goods kick in today. But the Trump Administration will take some comfort from the fact that the tariffs are achieving their stated aim, namely the revival of the country’s dormant aluminium production capacity. It’s going to be a slow process, literally stop-start in the case of Alcoa’s War
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News
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AA
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- 4/17/24 - Miss
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