US EditionAluminium Premiums for US Buyers Hit Record After Trump Doubles Tariffs
- US President Trump increased tariffs on steel and aluminium imports from 25% to 50%, effective June 4, 2025.
- This increase follows the initial 25% tariff set in March and occurs amid a 90-day negotiation period with multiple countries including the EU.
- Canada, Mexico, the UAE, and Brazil supply most steel and aluminium imports to the US, and the EU paused its retaliatory tariffs to ease talks.
- The EU indicated that should an agreement acceptable to all parties fail to be achieved, the suspended and new measures are set to take effect by July 14, or sooner if necessary.
- The tariff hike complicates negotiations and may negatively affect ArcelorMittal while potentially benefiting Acerinox, pending further changes or countermeasures.
12 Articles
12 Articles
The U.S. President relies on Section 232 of the 1962 Trade Expansion Act, which is the one left out of the U.S. International Trade Court's challenge that considers the generalized tariffs based on the national emergency illegal Since June 4, steel and aluminum imported into the U.S. will have 50% tariffs. U.S. President Donald Trump signed Tuesday the executive order (decree) that establishes it.
US President Donald Trump wants to strengthen the domestic industry. For this, he once again relies on higher tariffs, which now amount to 50 percent for aluminium. That is also true of German manufacturers.
U.S. aluminium premiums surge after Trump announces tariff hike to 50%
U.S. aluminium premiums surge after Trump announces tariff hike to 50% June 3, 2025 Posted by: Quatro Strategies Categories: Mining & Metals, Sanctions & Regulation, United States No Comments Subscribe to unlock this insight. START YOUR TRIAL NOWALREADY A MEMBER? .vc_custom_1452662201783{margin-right: 0px !important;margin-bottom: 40px !important;margin-left: 0px !important;}.vc_c…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
