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Trump’s Trade War Looms Over a Canadian Town Built to Supply America [Bloomberg Business News]

ALCOA (AA)  More Company Research Source: Bloomberg Business News
Last alcoa earnings: 7/18 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF If ever a town embodied U.S.-Canadian symbiosis, it’s Arvida, Quebec. Built by Americans, its giant smelter supplied most of the Allied forces’ aluminum in World War II and today makes metal used in Budweiser beer cans, Tesla and Ford cars and in AR15 rifles, part of the 2.5 million metric tons that Canada sends over the border each year. But now this corner of French-speaking Canada is in America’s cross hairs after the Trump administration’s shock move to tax metal from its closest ally under the pretext of national security. “When you want to kill your dog, you will say he has rabies,”  Mayor Josee Neron  said in an interview. “To see one person destroy all that in just a blink of an eye, I think it’s too bad.” From above, the area looks like a model train set: impossibly picturesque with enough infrastructure to set a young engineer’s heart soaring. Locomotives wend through Sphagnum moss-like trees, and hydroelectric plants straddle navy-blue rivers. There a [Read more]

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