At the US-Canada border, aluminium is constantly on the move, but the direction of trade is far from balanced. In the first six months of 2026, the US imported 907,581.44 tonnes of primary aluminium from Canada, while exporting only 78,886.12 tonnes of semi-fabricated aluminium products such as...
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...
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As updated by Shanghai Metals Market, the Mexican government imposed a provisional anti-dumping duty on aluminium foil coils imports from China. According to a preliminary ruling announced on May 24, duties were set at $0.17968-1.1634 per kg. No duties were imposed on imports having a price of $...
On May 27, Canada took the first step towards formalising a new North American Trade Agreement. Foreign Minister Chrystia Freeland presented what is known as a “ways and means motion” to the House of Commons, which leads the way to the formal presentation of a bill. However, the USMCA deal, which...
U.S. President Donald Trump declared last Friday, May 17 that some imported vehicles and parts pose a national security threat to the U.S. leading to serious displeasure among most of its trade allies including the Japan's automakers' lobby. The White House document also hinted that it would seek...
Indian steel and aluminium producers have asked the Commerce Ministry to exclude the two items from tariff reduction commitments in the on-going Regional Comprehensive Economic Partnership (RCEP) negotiations. Senior officials from the 16 member- countries are to meet in Bangkok this week to give...
Turkey has reportedly lowered tariffs by half on some US imports in response to the United States’ move to halve tariffs on Turkish aluminium and steel imports. The news came after the official gazette revealed on Wednesday, May 22. Turkey Trade Minister Ruhsar Pekcan wrote on Twitter,...
U.S. President Donald Trump declared last Friday, May 17 that he agreed to the Commerce Department’s decision that some imported vehicles and parts pose a national security threat to the U.S. However, the White House delayed the auto tariff decision for about six months to allow more time for trade...
Patrice L’Huillier, CEO of Aluminerie Alouette, located at about 550 km northeast of Quebec City said that American tariffs on Canadian aluminium cut into profits but didn’t affect production or employment. Prime Minister Justin Trudeau visited the plant after the lifting of tariffs on Canadian...
European Aluminium expects that Europe should be the next to be exempted from 10% tariff on aluminium products after the lifting of 232 tariffs on aluminium from Canada and Mexico, a press statement from the association says. Commenting on the matter European Aluminium Director General Gerd Götz...
Canada’s Finance Minister Bill Morneau declared on Monday, May 20, that the country lifted the retaliatory tariffs on aluminium and steel, as well as more than 70 other products including licorice, coffee, sleeping bags and ketchup from the United States. “The removal of tariffs and countermeasures...
The US dollar index on Friday advanced to its highest level in two weeks near 98 as the heavy selling pressure surrounding the major European currencies allowed investors to return to the relatively safer greenback. Base metals ended lower across the board as LME aluminium lost over 1%. SHFE...
Greenback hit a four-month high against the Chinese Yuan at the beginning of the week. The Yuan slid with the escalation of trade war between the US and China. The US dollar rose to the highest since May 3, at 97.88 on May 17 Friday, as better-than-expected US data boosted investors’ risk appetite,...
The US administration has announced the complete and permanent lifting of tariffs on aluminium imports from Canada, as well as a commitment to jointly address potential issues of transshipment, dumped or subsidized metal and surges that could impact the North American value chain. According to Jean...
According to a Canadian media report a top Trump administration cabinet member has said the punitive steel and aluminium tariffs on Canada and Mexico will be lifted very soon. U.S. Treasury Secretary Steven Mnuchin said the U.S. is close to reaching an “understanding” with Canada and Mexico in the...
The Indian government has once again postponed the deadline to impose retaliatory import duties on 29 US products, including almond, walnut, and pulses, by a month. In a notification issued by the finance ministry, the government said that the implementation of increased customs duty, which was...
In the midst of two days of talks between top US and Chinese negotiators to resolve a 10-month trade war between the world's two largest economies, US President increased tariff on US$200 billion worth of Chinese goods by 25 per cent effective Friday, May 10. The US Customs and Border Protection...
It has been a year President Trump announced tariffs on steel and aluminium. Further tariffs on Chinese goods were started kicking-in a few months later and in late September of 2018 a 10 per cent import duty was applied to US$200 billion of Chinese goods. A report from the Department of Labor in...
U.S. trade officials rejected Tesla Inc.'s request for relief from Trump's 25 per cent tariffs on the China-made Autopilot "brain" in the Model 3 and other electric vehicles. According to a Reuter’s report, U.S. Trade Representative's office denied exclusion requests from Tesla and others for...
The Indian government has once again deferred the deadline to impose retaliatory import duties on 29 US products, including almond, walnut, and pulses. So, now instead of May 2, 2019 the deadline to impose tariffs is on May 16, 2019. The deadlines have been extending since June 2018, when India...
