US EditionUS Aluminum Tariffs Risk Supply Chain And Food Security, Industry Insiders Warn - Anheuser-Busch InBev (NYSE:BUD), Ambev (NYSE:ABEV)
- On June 3, 2025, the United States announced a tariff of $1,349.50 per metric ton on aluminium imported from Canada, which amounts to an effective 50% increase in duties.
- This tariff addresses the U.S. Objective of boosting its own aluminium output from half to four-fifths of total demand, aiming to lessen dependence on imports despite Canada's consistent supply of low-carbon aluminium.
- Annually, Canada supplies the U.S. With 2.7 million metric tons of aluminium, a trade that supports 9,500 jobs in Canada and sustains over 700,000 manufacturing positions in the United States within a $228 billion cross-border value chain.
- Jean Simard, who leads the Aluminium Association of Canada, warned that the tariff would reduce demand throughout North America, disrupt vital industries such as defense and automotive, and potentially cause the U.S. To depend more heavily on aluminium imports from far-off countries like China and Russia.
- The tariff endangers over a century of industrial collaboration between Canada and the U.S., threatens to alter global trade patterns, increases costs during an inflationary period, and may compel Canada to expand its export markets within the European Union, while emphasizing the need to address unfair trading practices by China.
59 Articles
59 Articles
US Aluminum Tariffs Risk Supply Chain And Food Security, Industry Insiders Warn - Anheuser-Busch InBev (NYSE:BUD), Ambev (NYSE:ABEV)
The Aluminium Association of Canada (AAC) has condemned the U.S. government's move to impose a 50% tariff on Canadian aluminum, calling it a protectionist misfire that risks destabilizing North America's integrated manufacturing base and driving higher inflation across key sectors. "A 50% tariff on Canadian aluminum will suppress demand across the continent — whether the metal is produced in Canada or the U.S.," Jean Simard, AAC's president and …
Rutland Herald
US tariffs on Canadian aluminium: the North American supply chain security is at risk
MONTREAL, June 3, 2025 /PRNewswire/ - The Aluminium Association of Canada strongly opposes the United States' announcement of a 50% tariff on Canadian aluminium, calling it a misguided measure that threatens the security of North America's integrated supply chain.
US tariffs on Canadian aluminium: the North American supply chain security is at risk - PressReach
MONTREAL, June 3, 2025 /PRNewswire/ – The Aluminium Association of Canada strongly opposes the United States’ announcement of a 50% tariff on Canadian aluminium, calling it a misguided measure that threatens the security of North America’s integrated supply chain. “A 50% tariff on Canadian aluminium will suppress demand across the continent — whether the metal is produced in Canada or the U.S.,” said Jean Simard, president and CEO of the Alumin…
Coverage Details
Bias Distribution
- 61% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
