Insight
Déjà vu as Trump imposes tariffs on aluminium imports
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 10 February, President Donald Trump signed executive orders using the Section 232 mandate to apply a 25% tariff on steel and aluminium imported into the US, effectively cancelling exemptions and duty-free quotas on Canada, Mexico, EU, and other countries. These tariffs would go into effect on 12 March. In this Insight we explore the implications of the tariffs and note that there is uncertainty around what the final outcome from the policy will be.
Table of contents
- What happened in 2018
- Will this time be any different?
- High dependency on aluminium imports
- No easy fix to bridge the supply gap
Tables and charts
This report includes the following images and tables:
- US Midwest premium
- Major primary aluminium importers to US (Mt)
- Major Semis importers to US (Mt)
- US primary aluminium supply gap
What's included
This report contains:
