The aluminum of the LME remained stable this morning after Trump announced plans to impose 25% tariff that US imports significant volumes of aluminum and steel of Canada.
The US president imposes tariffs on imported aluminum and steel
“In 2023, NE.UU. USA arrived from Canada.
“With Trump back in the White House, uncertainty and unpredictability are at its highest point. A prolonged commercial conflict would slow global growth and harm the demand for industrial metals. In 2018, the US president imposed a 10% tariff to imported aluminum and a 25% tariff to imported steel to promote the production of national metals. “
“The tariffs to Canada and Mexico were raised a year later after a new free trade agreement between the two countries and the US”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
