Thailand has opened a new anti-dumping exporter review covering Chinese aluminium extrusions, with a provisional 21.94 per cent cash deposit rate set for the applicant. Thailand's Department of Foreign Trade has initiated a new exporter review covering aluminium extrusions from China, adding...
Canadian Prime Minister Mark Carney has indicated Ottawa’s readiness to resume Canada-US trade talks and reach a deal with President Donald Trump, as the tariff debate continues to pressure deeply integrated supply chains. Tariff uncertainty could also pressure aluminium trade, costs, aluminium...
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Constellation Brands, owner of successful beer brands Corona and Modelo, has cited the heavy financial burden of aluminium tariffs as one of the reasons behind its disappointing first-quarter performance. The drinks giant fell short of Wall Street expectations both in terms of sales and profit,...
Aluminerie Alouette, an aluminium manufacturer partially owned by Rio Tinto Plc, is set to invest up to USD 1.1 billion in upgrading its facilities in northern Quebec, according to sources familiar with the matter. Image credit: unctad.org The company has reportedly secured a new electricity supply...
Yongmaotai Automotive Technology, a Chinese manufacturer of aluminium alloy auto parts, has announced plans to invest CNY 450 million (USD 62.8 million) in a new factory in Mexico. The move aims to help its European and US clients navigate uncertainties in global trade policies. According to a...
Amidst growing concern over the future of UK automotive manufacturing, British sports car maker Lotus has moved to reassure the government that it remains committed to its Norfolk roots. At an urgent meeting on Sunday, the company confirmed to Business Secretary Jonathan Reynolds that it has no...
Despite India’s exports reaching a record USD 824.9 billion in FY 2024–25, aluminium exports declined sharply by 10.79 per cent, revealing sector-specific challenges amid an otherwise strong trade performance. Image for representational purposes only According to the Ministry of Commerce, total...
The US beverage can industry aims to offset its manufacturing cost inflation by using recycled aluminium, which is exempt from the 50 per cent tariff on aluminium and steel. By using recycled aluminium, the entire industry would shield nearly 70 billion cans, an industry valued at USD 36.95 billion...
In a recent event, where the US retaliated and dismissed India's request for a safeguard measure on aluminium and steel, it was not a bilateral discussion at the World Trade Organisation (WTO). Now, India is on the road to imposing a retaliatory tariff only if the US fails to continue the...
Canned food producers in the United States are voicing growing concern over the disruptions caused by the country’s unpredictable trade policies. Andy Russick, a canned fruits and tomatoes manufacturer, has highlighted how rising tariffs have led to surging raw material costs, calling the strategy...
Many associations in the European Union (EU) have urged the imposition of export duties on aluminium scrap, especially after a heightened demand from the US, following its exclusion from Trump’s 50 per cent tariff, it is led to a decline. Based on it, the EU’s carbon emission goals might be...
Countries like India, among others, ask for a reprieve when exporting but impose tariffs on imports to safeguard their domestic industries. Could such practices complicate international trade dynamics or be perceived as ‘conflicted’ by global partners? A lot of questions cloud the mind when delving...
China Airlines, Taiwan’s oldest carrier, founded in 1959, has postponed plans to retire several older aircraft due to ongoing delays in receiving its Boeing 787-9 jets. The setback may trigger compensation clauses outlined in the purchase contract, according to newly appointed Chairman George Kao....
Kirsten Hillman, Canada's ambassador to the United States, expressed confidence that the two countries could successfully reach a trade agreement within the 30-day deadline set during last week's G7 summit in Kananaskis, Alberta. This was announced right after a disappointing outcome at the G7...
In the wake of the Trump administration's tariff hike to 50 per cent on aluminium excluding the scrap, alongside the UK coming into a discussion for relief, a rising concern has levitated in Europe. A silent "scrap battle" arises from Europe, which is deemed to have lost a vast amount of aluminium...
When President Trump invoked Section 232 ‘national security’ tariffs on imported auto parts (effective May 3, 2025), it was a uniform 25 per cent duty on key systems from transmissions to lithium-ion batteries. Panic spread far and wide! And then, to temper the immediate cost shock for US...
The Indian government has taken a bold step by implementing five-year anti-dumping duties on aluminium foil from Russia, China and Taiwan. The duties are imposed under the finding of unfair trade practices that are poised to hurt the domestic industries, following the Indian aluminium extrusion...
Following a disappointing outcome at the G7 summit, Canada has signaled to adopt a tougher stance against the United States, as a renewed trade standoff threatens to unravel years of economic integration under the USMCA. Initially, the G7 platform had reignited a hope for the cooperative spirit...
On Thursday, the aluminium extrusion industry called on the government to implement protective measures to support underutilised domestic units from potential overdumping by FTA countries. The industry is struggling to remain viable due to free trade agreements with several Far East countries,...
With the United States slapping a steep 50 per cent tariff on Canadian steel and aluminium imports, Ottawa is now fast-tracking a self-sufficient economic response potent to reshape North America’s metals supply chain. At the centre of this pivot is a proposed ‘Buy Canadian’ policy, an industrial...
