50% tariff on Canadian aluminum lifts costs for US industry

WSJ ·
  • The Trump administration's 50% tariff on Canadian aluminum has pushed up prices for American industry.
  • Quebec smelters in Saguenay run on cheap hydropower and have supplied American industry since World War II.
  • U.S. businesses and consumers are paying a price for the trade war targeting Canadian aluminum production.

Quotes

“Now, President Trump’s trade war has cast Canada’s aluminum smelters as the enemy—and U.S. businesses and consumers are paying a price.”— WSJ

Sources

50% tariff on Canadian aluminum lifts costs for US industry — Heurist Finance