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50% tariff it is! India-Russia ties over oil, aluminium, and mining irk US — what’s next: payback or patch-up?
Edited by : Debanjali Sengupta
4 min read
The protectionist tariff strategy once touted by US President Donald Trump to revitalise domestic aluminium and steel production appears to be yielding the opposite effect - at least in early 2025. Industry indicators point to a clear downturn, with aluminium demand and production trending downward during the first quarter of the year.
Image credit: Aluminum Association
PMI signals early warning
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