Steel and aluminum tariffs are not hurting the economy, study says [CNBC]
Alcoa Corporation (AA)
Last alcoa corporation earnings: 4/22 04:10 pm
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Source: CNBC
Sean Gallup | Getty Images A worker walks among rolls of semi-finished aluminum at an Alcoa aluminum factory. Supporters of the tariffs imposed by the Trump administration on steel and aluminum are making the case that they have worked as intended, without the huge job losses opponents had predicted. We found absolutely no evidence of broad, negative impacts on the economy of steel and aluminum tariffs to date, said Robert E. Scott, senior economist at the Economic Policy Institute, who authored the report with support of the U.S. aluminum company Century Aluminum. Ten percent tariffs on aluminum were announced in March. Since then, the institute note, three smelters have being restarted and one has announced a capacity expansion. It said the U.S. aluminum companies have added about 300 jobs, and companies that process aluminum into finished products have expanded, generating $3.3 billion in investments that could employ 2,000 more workers. Overa
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- 4/18/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- AA's page on the SEC website