Collapsed Canada tariff talks put Indiana's aluminium jobs back in the spotlight
Indiana has emerged as an unlikely flashpoint in the latest round of US-Canada trade friction, after Washington's now-collapsed negotiations with Ottawa briefly put a proposed cut to aluminium tariffs on the table, one that industry advocates say would have hit the state's fabrication workforce...
US aluminium manufacturers launch alliance to address tariff concerns
US aluminium fabricators, extruders and finished-product manufacturers have launched the American Aluminum Alliance. This is a new trade association representing companies at the downstream end of the country’s aluminium value chain. The alliance brings together manufacturers that use aluminium to...
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Canada’s retaliation tariffs on US products worth US$13 billion came into effect
Beginning on July 1, 2018, Canada imposed tariffs worth C$16.6 billion (US$12.6 billion) on imports of aluminium, steel and other products from the USA. The Government of Canada announced that the move was in response to the USA tariffs on Canadian steel and aluminium. “Canada has always been a...
Aluminium demand in North America up 4.7% YoY in the first four months of 2018; imports up 8.1%
Preliminary estimates from Aluminum Association indicate that the total aluminium demand in the United States and Canada (shipments by domestic producers plus imports) stood at an estimated 4.3 million tonnes through April 2018, up 4.7% over the same period of 2017. Demand for aluminium...
Car companies want the US to renounce imported vehicles tariff plans
Car companies and parts suppliers are constantly urging the United States not to impose additional tariffs of up to 25 per cent on imported vehicles, saying that this could result in job cuts, loss of investments, and even higher prices. According to the reports by The Guardian, Bloomberg, CNBC,...
Trump drops his decision to back down on trade tariffs against China
Today, on July 2, President Donald Trump has decided to rule out backing down on import tariffs against China. He has also threatened to impose up to US$ 500 billion worth of Chinese goods in case the two countries could not strike a fair deal sooner or later. But a couple of days before, the...
Aluminium bodied 2018 Ford Expedition and Lincoln Navigator awarded five start crash ratings by NHTSA
According to an update from The Aluminum Transportation Group (ATG), the 2018 Lincoln Navigator and 2018 Ford Expedition won safety awards from the National Highway Traffic and Safety Administration. The body awarded the redesigned aluminium bodied Ford Expedition and the Lincoln Navigator perfect...
Russia seeks consultations with the US at WTO over additional imported metal tariffs
The government of Russian Federation becomes the latest entity to file a complaint against the US tariffs on imported aluminium and steel. On Friday night, June 29, 2018, Russian Economic Development Minister Maxim Oreshkin announced that Russia filed a lawsuit to the World Trade Organisation and...
EU leaders warn the US to retaliate against higher tariffs on imported cars if imposed
In a summit meeting on Thursday night, June 28, 2018, the European Union leaders slapped the United States with a warning of retaliation should the Donald Trump escalate a trade war with 20 per cent higher tariffs on imported cars from the EU. The EU leaders strictly criticised US’ decisions to...
Canada to offer support to industries hit by U.S. aluminium and steel tariffs
Canada will announce an aid package worth between C$500 million and C$800 million to steel and aluminium companies affected by the U.S. metal tariffs, according to news published by Reuters. Foreign Minister Chrystia Freeland will make the announcement in Hamilton on Friday, 29 June 2018. Chrystia...
India to join Norway in WTO consultations over US aluminium and steel tariffs
In a communication to the World Trade Organisation (WTO), India expressed its willingness to join Norway as a third party member in WTO dispute consultations over US’ decision to impose higher tariffs on aluminium and steel products imports. India had dragged the United States earlier as well to...
Trump urged to drop tariffs on Mexican products
More than 60 American companies representing dairy farmers and cheesemakers in a letter have asked US President Donald Trump to suspend high steel and aluminium tariffs on Mexico until renegotiations over a regional free trade treaty are completed. Calling Mexico the "largest and most reliable...
Russia plans counter measures after U.S. sets aluminium and steel tariffs
Russian Prime Minister Dmitry Medvedev said on Wednesday, June 27, that the country plans to launch counter tariffs against the US’ decision of 10 per cent tariff on imported aluminium and 25 per cent on imported steel, TASS reported. Dmitry Medvedev said the U.S. decisions are discriminatory in...
US’ tariff on imported passenger vehicles likely to cost domestic consumers $45 billion
An automotive trade group believes that US’ tariff of up to 25 per cent on imported passenger vehicles if imposed, will likely cost domestic consumers US$45 billion annually or US$5800 per vehicle. Gloria Bergquist, the national spokesperson for auto industry on environmental and safety matters,...
Michigan Scrap recycler fears supply and sale disruption on the back of trade dispute with China
Trump administration’s tariff on the imported aluminium and steel and the counter tariff by China on scrap imported from the US are going to have an effect on US scrap recycling sector. Jeff Padnos, the CEO of Holland, Michigan-based scrap recycling firm Padnos points to China’s aluminium scrap...
Beer industry will have trickle-down effect from US aluminium tariff
The U.S. beer industry has been hit hard by more expensive aluminium after President Donald Trump’s tariffs on imported aluminium and steel came into effect. Experts predict that import tariffs could even lead to job losses across the beer industry. Image Source: The Beer Institute John Decker,...
Harley Davidson to shift some production to avoid EU tariff burden
An American motorcycle manufacturer Harley-Davidson announced that its plans to shift its US manufacturing base to overseas in order to avoid burden of European Union tariffs. Last week, the European Union, in retaliation to U.S. tariffs on EU aluminium and steel exports, imposed tariffs on US...
Russia seeks third-party status from WTO to join EU-US consultations on aluminium and steel
The Government of the Russian Federation announced on Tuesday, June 19, that it requested to join consultations between the European Union and the United States at the World Trade Organisation over the US imported metal tariffs. The request was submitted in an official letter, dated June 15, 2018....
U.S. boat makers condemn "harmful policies" on aluminum imports
U.S. boat makers Wednesday urged President Donald Trump to immediately withdraw high tariffs on alloy aluminum sheet imports from China, saying these "harmful policies" will cost American industries dearly. "The administration claims their trade policies aim to level the playing field for American...
India to impose retaliatory measures on US exports from August 4
India today, on June 21, 2018, notified that it would impose retaliatory tariffs against 30 US products from August 4, 2018. The products are worth of US$240 million to counter Trump administration’s move to unilaterally hike duties on Indian aluminium and steel exports. Although the Indian...
