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17 SEPTEMBER 2020 AL CIRCLE

The North Country Chamber welcomes lifting of U.S. tariff on Canadian aluminium

EDITED BY : HEENA IQBAL 2MINS READ

The North Country Chamber of Commerce welcomed the US decision of lifting the recently-imposed 10 percent tariff on Canadian aluminium imports.

 "We and other partners across the country have been seeking the quick reversal of this self-harming tariff and we are pleased to see it has been withdrawn before doing greater economic damage, and before Canada understandably deployed countermeasures," stated Garry Douglas, Chamber President.

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Douglas concluded, "This tariff was bad for U.S. competitiveness and jobs, bad for Alcoa and its employees in the North Country based upon the high degree of integration of Alcoa operations here and in Quebec, and an added cost to our region's all important cross border supply chains, without which we would not have the dynamic and growing manufacturing community we enjoy here. We were pleased to work closely with many partners in conveying to Washington why this tariff should be quickly reversed, including Congresswoman Elise Stefanik and our Quebec friends, and we thank all for helping to achieve this faster than most thought was possible given the upcoming election. Onward and upward!"

The US on Tuesday declared that it would no longer impose a 10% tariff on Canadian aluminium imports. It has been presumed that following the rise of retaliation from Ottawa, Donald Trump administration has changed its mind.

The Office of the US Trade Representative (USTR) said in a statement: "After consultations with the Canadian government, the United States has determined that trade in non-alloyed, unwrought aluminium is likely to normalise in the last four months of 2020, with imports declining sharply from the surges experienced earlier in the year."

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"Accordingly, the United States will modify the terms of the 10% tariff imposed in August."

Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020” on October 6-7, 2020. For registration, visit www.alcircleevents.co


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EDITED BY : HEENA IQBAL 2MINS READ

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