Industry News

Trump raises aluminum tariffs to 50%, applaud by US aluminum industry

Views : 188
Update time : 2025-06-03 15:10:36
US President Trump has announced an increase in tariffs on steel and aluminum imports, raising the rate from 25% to 50%. The new tariff is scheduled to take effect on Wednesday, June 4.

The American Primary Aluminum Association, a non-profit trade association based in Washington, D.C., quickly applauded the move, with President Mark Duffy stating it would stop the flood of foreign aluminum imports. He said that the tariffs are crucial for rebuilding domestic aluminum manufacturing and protecting American aluminum jobs, which have been impacted by subsidized foreign producers for decades.
Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar