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Alcoa CEO Warns 100,000 U.S. Industry Jobs at Risk Due to Trump’s Proposed Tariffs on Steel, Aluminum

Alcoa warns that 100,000 U.S. Jobs in the industry are at risk due to proposed tariffs on steel and aluminum.
President Donald Trump plans to impose a 25% tariff on all imported aluminum, starting March 4.
The tariffs could eliminate about 20,000 direct jobs in the U.S. Aluminum industry and 80,000 indirect jobs.
Alcoa is urging the Trump administration to exempt Canadian shipments from the tariffs to allow two-thirds of metal consumed in the U.S. To remain untaxed.

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National Post

Raymond J. de Souza: Trump wants tariffs with no tradeoffs. It won't happen

Tariffs are inflationary, raising consumer prices for Americans on oil, electricity, automobiles, groceries and much else

11 hours ago·Canada

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Investopedia

Alcoa's CEO Says Trump Tariffs Could Wipe Out 100,000 U.S. Jobs

Alcoa CEO William Oplinger said Tuesday that his aluminum manufacturing company believes tariffs proposed by President Trump will harm the aluminum industry.

12 hours ago

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Investing.com

Alcoa CEO discusses tariffs, warns US could lose 100,000 jobs By Investing.com

Alcoa CEO discusses tariffs, warns US could lose 100,000 jobs

12 hours ago

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Seeking Alpha

Alcoa warns aluminum tariff could cost 100,000 U.S. jobs and not help lift production

Alcoa (NYSE:AA) -2.5% in Tuesday's trading, potentially headed for its lowest YTD closing price, after saying President Trump's plan to impose a 25% tariff on aluminum imports could knock out ~100K U.S. jobs and on its own would not entice higher domestic production.

12 hours ago·United States

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MarketWatch

Alcoa's CEO says aluminum levy could cost 100,000 U.S. jobs. Here are all the tariffs set to hit the economy in coming weeks.

Bill Oplinger, chief executive of Pittsburgh-based Alcoa Corp., which produces aluminum in Canada, Australia and other countries, told the BMO Global Metals and Mining Conference Tuesday that the aluminum import tax could cost about 100,000 American jobs, according to a FactSet transcript. “This is

12 hours ago·United States

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Reuters

Alcoa warns Trump's aluminum tariff could cost 100,000 US jobs

Aluminum producer Alcoa said on Tuesday that U.S. President Donald Trump's plan to impose a tariff on aluminum imports could cost about 100,000 U.S. jobs and would itself not be enough to entice it to boost production in the country.

12 hours ago·United Kingdom

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