US-Canada trade conflict widens as Canada hits US aluminium imports with 50% tariffs
Canada's retaliatory tariffs on US goods, including aluminium and steel products, take effect as Washington intensifies pressure on Canadian industry. Canada is escalating its trade confrontation with the United States, imposing tariffs of up to 50 per cent on US imports worth CAD 27.6 billion (USD...
ASI certifies Bocar Group against Performance Standard 3.1 with Provisional Status
Bocar Group has achieved ASI Performance Standard V3.1 (2023) with Provisional status for the manufacture of aluminium parts for the automotive industry at three of their facilities across Mexico: AUMA S.A. de C.V. in Chihuahua, AUMA Saltillo S.A. de C.V. (AUSAL) in Saltillo, and Bocar Lerma S.A....
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US–India trade friction deepens as US rejects consultation at WTO
Note: This image is AI-generated and for representation purpose only On August 5, 2025, the Indian government informed Parliament that the US has rejected its request for consultations at the World Trade Organisation (WTO) concerning the recent US tariffs on aluminium, steel and related products....
Tariffs toll: Aluminium demand drops across North America amid weak PMIs
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...
SMM Aluminium price movement: Macro trade friction eases, but inventory pressure persists
Futures: Last night, the most-traded SHFE aluminium 2509 contract opened at RMB 20,525 per tonne, with a high of RMB 20,525 per tonne, a low of RMB 20,435 per tonne, and closed at RMB 20,440 per tonne. Trading volume was 42,000 lots, and open interest was 224,000 lots. Last night, LME aluminium...
Ford takes USD 3 billion tariff hit despite 80 per cent domestic production
American multinational automaker Ford Motor Company is under increasing pressure from trade changes as it re-estimates the 2025 forecast. They announced tariffs will affect future profits by USD 3 billion, up by USD 0.5 billion from the previously announced USD 2.5 billion . The automaker's...
India dethrones China in US smartphone exports, but the real story is aluminium
In a historic pivot that stresses the tectonic shifts in global electronics manufacturing, India has overtaken China as the top source of smartphones sold in the United States. According to Canalys, in the second quarter of 2025, India accounted for a staggering 44 per cent of US-bound smartphone...
Aluminium supersedes plastic: a sustainable shift emerging in the US, UK, & Canada
According to PMMI’s 2024 State of the Industry US Packaging Machinery Report, packaging machinery manufacturers are actively innovating to support aluminium and other eco-friendly materials, aiming to capitalise on the growing demand for sustainable solutions. This shift comes as sustainability...
Odia diaspora in US warns tariffs on India could backfire, fuel inflation and strain ties
The recent imposition of 25 per cent tariffs by the US on Indian exports has sparked concern among the Odia community in North America, with many professionals and entrepreneurs warning of significant economic repercussions. Members of the diaspora argue that the move is likely to increase...
German company Universal Beteiligungs mbH joins forces with Kaiser Aluminum with a strategic investment
Universal Beteiligungs und Servicegesellschaft mbH, a Germany-based institutional investor, has bought a fresh stake in Kaiser Aluminum Corporation, a US-based manufacturer. This marks a new investment move in the world of speciality aluminium products. Image Source: Kaiser Aluminum According to...
Tariff tensions rise as Canada-US trade deal remains uncertain
Canada and the US have been engaging in a tariff war for the past six months, and despite reports of "intense" negotiations in recent weeks, a comprehensive trade agreement has yet to be reached. A potential US-Canada trade agreement may still take several weeks to materialise, according to...
Mexico avoids new tariffs for now as US demands sweeping trade reforms
Mexico has secured a 90-day delay on the implementation of new 30 per cent US tariffs on selected imports, following an agreement between US President Donald Trump and Mexico’s President-elect Claudia Sheinbaum. The extension, however, is conditional on Mexico’s commitment to address a broad range...
EU-US to forge a common shield, a metals alliance as industrial sovereignty in action
When the European Union and the United States announced the formation of a new “metals alliance” on July 28, 2025, it signalled more than just tariff alignment. It marked a turning point, a coordinated effort to shield their domestic metals sectors from a common adversary: China’s state-driven...
Tariff tensions in focus: US–Canada aluminium ties ahead of August 1
As August 1 approaches, trade discussions between the US and Canada have shifted focus amid ongoing concerns over aluminium tariffs. US Treasury Secretary Scott Bessent, speaking on July 31, 2025, acknowledged the financial strain faced by American manufacturers, particularly Ford Motor Company and...
From Canada to Europe - a noticeable shift in US aluminium sourcing
Canadian aluminium smelters are sharply reducing primary metal exports to the US following an escalation in tariffs under the Trump administration. Beginning in March 2025, the US reinstated a 25 per cent tariff on Canadian aluminium, which was then unexpectedly doubled to 50 per cent in June,...
Stellantis projects $1.4 billion blow from US tariffs in H2 2025
Stellantis, a multinational automotive corporation in the Netherlands, is bracing for a financial hit in the second half of 2025, expecting a Euro 1.2 billion (USD 1.4 billion) impact from new US tariffs as the global auto industry grapples with changing regulatory barriers and trade winds. After a...
Sino-US tariff policies ease, aluminium prices fluctuate at highs in the short term
Futures market: On the previous trading day's night session, the most-traded SHFE aluminium 2509 contract opened at RMB 20,585 per tonne, with a high of RMB 20,675 per tonne, a low of RMB 20,570 per tonne, and closed at RMB 20,620 per tonne, up 0.07 per cent from the previous close. LME aluminium...
Molson Coors reports bearish Q1’25 with net sales dipping by 11.3%
Molson Coors Beverage Company rang in Q1 2025 on a challenging note, reminding investors and beverage lovers alike that even a brewing giant can feel the chill when global headwinds hit hard. In its first-quarter earnings release (Q1 2025), the company reported an 11.3 per cent decline in net...
Tariff-for-tariff? Ford pressures Ottawa as US deadline nears
As the clock ticks toward an August 1 trade deadline, Ontario Premier Doug Ford is pressuring the federal government to respond decisively to escalating US tariffs. Ford has urged Ottawa to impose matching 50 per cent tariffs on American steel and aluminium, should talks fail to produce a new...
Heineken delivers robust profit performance through US tariff headwinds and market instability
At a time when the whole world is experiencing inflation, tariff changes and shifting consumer behaviours, Heineken N.V. stands out as an example of operational resilience and foresight. The Dutch brewing company has been operating in a challenging environment with increasing US tariffs on...
