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Mexico’s import of aluminium from the US outpaced exports in 2017
01 JUN 20182MINS

Mexico’s import of aluminium from the US outpaced exports in 2017

Currently, Mexico is hitting the headlines due to the US tariffs on imported aluminium and steel and NAFTA negotiations. The country hit back fast on U.S. tariffs on steel and aluminium on Thursday, targeting products from congressional districts. The tit-for-tat measures would complicate the NAFTA...

Canada to counterattack US for imposing additional tariffs on imported aluminium and steel
01 JUN 20182MINS

Canada to counterattack US for imposing additional tariffs on imported aluminium and steel

Canada, as one of the most important allies of the United States, expressed its dismay yesterday, on May 31, on knowing that it had not been removed by the US from the list of countries for additional 25 per cent tariffs on steel and 10 per cent on aluminium. Canadian Foreign Minister Chrystia...

Volatile aluminium price to affect US domestic aluminium finished products manufacturers
31 MAY 20182MINS

Volatile aluminium price to affect US domestic aluminium finished products manufacturers

The US domestic aluminium finished products manufacturers such as automakers and can makers have been in real distress over the past few months on increasing volatile aluminium price range across the world. Series of events like the United States’ tariffs on imported aluminium and steel, followed...

Trump reported to impose hefty tariffs on steel and aluminium imports from Canada, Mexico and EU
31 MAY 20183MINS

Trump reported to impose hefty tariffs on steel and aluminium imports from Canada, Mexico and EU

The Trump administration is reportedly planning to impose hefty tariffs on steel and aluminium imports from Canada and EU. According to the Wall Street Journal, dropping EU from the exemption list for import tariffs of 25% on steel, and 10% on aluminium may take place as early as Thursday May 31....

Trump asks for EU’s voluntary exports restrictions on aluminium and steel
30 MAY 20182MINS

Trump asks for EU’s voluntary exports restrictions on aluminium and steel

The European Union seems to be in a difficult spot, as Donald Trump has asked for EU’s voluntary export restrictions on aluminium and steel for granting permanent exemptions from metal tariffs. Initially, while demanding a permanent relief from the US tariffs, the EU had taken a principal stance...

Tariff Issues, New Markets, Manufacturing Development, Sustainable Growth; a conversation on aluminium with Maurizio Sala, President of Amafond
29 MAY 20188MINS

Tariff Issues, New Markets, Manufacturing Development, Sustainable Growth; a conversation on aluminium with Maurizio Sala, President of Amafond

The Gala Dinner of the Gulf Aluminium Council, held in Oman on March 21st, provided the opportunity for a long conversation with Maurizio Sala, President of Amafond and of Foundry Ecocer, an excellent connoisseur of the aluminium industry and of the Middle East area. The metal foundry segment which...

Germany seeks an end to EU-US trade dispute over aluminium and steel tariffs: Source says
28 MAY 20181MINS

Germany seeks an end to EU-US trade dispute over aluminium and steel tariffs: Source says

Economy Minister Peter Altmaier said on Monday, May 28, 2018, that Germany is looking forward to the end of trade dispute between the European Union and the United States. Altmaier said, “We need to try to avoid higher tariffs”, adding that he would discuss the issue with European Trade...

China April scrap aluminium imports fall after 25 per cent import tariff on US scrap
28 MAY 20182MINS

China April scrap aluminium imports fall after 25 per cent import tariff on US scrap

As reported by Reuters, China’s April scrap aluminium imports fell by 27.8% from March to 130,000 tonnes, after the country imposed 25% import tariff on aluminium scrap from the United States, its biggest scrap supplier, effective Apr. 2. Data from the General Administrations of Customs showed...

India’s Commerce and Industry Minister to meet USTR next month to sort out tariffs issue
25 MAY 20182MINS

India’s Commerce and Industry Minister to meet USTR next month to sort out tariffs issue

As a development on the tariff issues between the US and India, both the countries will hold high-level bilateral talks between June 10 and 14. The talk is designed to elaborate on and find out a suitable solution for the steel and aluminium tariffs imposed by Trump administration. Commerce and...

US weighs imported auto tariffs for national security: EU and Germany fear trade conflict
25 MAY 20182MINS

US weighs imported auto tariffs for national security: EU and Germany fear trade conflict

Amidst prevailing tensions due to the United States imported aluminium and steel tariffs, Trump administration weighed slapping tariffs on imported cars on Thursday, May 24, 2018, over national security concerns. Commerce Secretary Wilbur Ross said on Wednesday, May 23, that he had initiated a...

China to reduce import car tariffs from July 1: Domestic car manufacturers might get affected
23 MAY 20182MINS

China to reduce import car tariffs from July 1: Domestic car manufacturers might get affected

China’s Ministry of Finance declared on Tuesday, May 22, 2018, that the country is going to slash tariffs on most imported cars to 15 per cent, with effect from July 1, 2018. This will include the current 25 per cent tariff levied on 135 items and 20 per cent on four items, down 40 per cent and 25...

EU awaits US’s final decision over imported aluminium and steel tariffs exemption
23 MAY 20182MINS

EU awaits US’s final decision over imported aluminium and steel tariffs exemption

European Trade Commissioner Cecilia Malmstrom said on Tuesday, May 22, 2018, that European Union has still no clarity about the United States’ decision over imported aluminium and steel tariffs exemptions, while the permanent exemption deadline is about to expire on June 1, 2018. The bloc has so...

Beer Institute requests Department of Commerce address anticompetitive activities driving increases in aluminium prices
22 MAY 20183MINS

Beer Institute requests Department of Commerce address anticompetitive activities driving increases in aluminium prices

In comments filed with the Department of Commerce regarding the recently implemented tariff on imported aluminum, the Beer Institute requested that the Department work with the Department of Justice and the Federal Trade Commission to address potentially anticompetitive activities in the aluminum...

India and EU plan to increase import duties on US products
21 MAY 20181MINS

India and EU plan to increase import duties on US products

India and the European Union have told the World Trade Organization that they have planned to raise import duties on certain US products next month. The move is in retaliation to Donald Trump’s decision to impose tariff on aluminium and steel. Trump’s import duty has affected India’s aluminium...

US- China talk concludes on Sunday with an agreement to back off from trade war
21 MAY 20182MINS

US- China talk concludes on Sunday with an agreement to back off from trade war

In a significant positive development, China and the United States agreed to back off from imposing new tariffs on each other’s imports and hold back an impending trade war that is threatening the international market especially steel and aluminium. This was confirmed by U.S. Treasury Secretary...

Japan automaking association expects low tariffs and free trade after NAFTA renegotiation
20 MAY 20182MINS

Japan automaking association expects low tariffs and free trade after NAFTA renegotiation

Japan automaking association reported on Friday that it hopes country’s export partners to keep tariffs on vehicles and components low and maintain free trade relationships to promote and strengthen transparent trade, as NAFTA renegotiated and called for the enhancement of requirements for locally...

Turkey to take countermeasures on US for non-exemption from aluminium and steel tariffs
19 MAY 20182MINS

Turkey to take countermeasures on US for non-exemption from aluminium and steel tariffs

Following Japan, Turkey has also decided to slap the United States with retaliatory tariffs on imported products worth US$1.8 billion, state-run Anadolu Agency reported on Friday, May 18, 2018. Turkey had expected a positive response from the US in regards to aluminium and steel tariffs exemptions...

Top aluminium and aluminium product exporters to the US in 2017
18 MAY 20183MINS

Top aluminium and aluminium product exporters to the US in 2017

While the USA is holding on to its 10 per cent import tariff on aluminium from all countries, every aluminium exporter to the US is fighting for exemptions from the tariff. The main issue of overcapacity in China and the export of subsidized aluminium to the US is taking a backseat while...