Industry News

Trump announces to re-levy 10% import tariff on Canadian aluminum

Views : 278
Update time : 2020-08-07 16:55:41
According to the announcement from Donald Trump on August 6th, the US would consider restarting the 10% import tariff on imported aluminum products from Canada, even both just signed a new United States–Mexico–Canada Agreement (USMCA) last month.

By the official statistic from the US government, the imports of aluminum products from Canada to the US had increased by 27% year on year in the past 12 months, which harmed the US’ aluminum manufacturers.

After that, Justin Trudeau, the president of Canada, responded that the decision to increase the import tariff on Canadian aluminum would increase the infrastructure costs to the US government, which might further injure the US economy.
Related News
Read More >>
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
May .15.2025
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations
May .15.2025
Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations
Rio Tinto to launch Simandou iron ore shipments in Nov Rio Tinto to launch Simandou iron ore shipments in Nov
May .15.2025
Rio Tinto to launch Simandou iron ore shipments in Nov
Iron ore prices break through $102 mark Iron ore prices break through $102 mark
May .15.2025
Iron ore prices break through $102 mark