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Aluminum Association: Across-the-Board Tariffs A Missed Opportunity on Industry Trade Challenges
ARLINGTON, VA –In a letter to President Donald J. Trump, Aluminum Association President & CEO Heidi Brock expressed concerns about the president’s recent announcement of a global tariff on aluminum products created by aluminium profile suppliers imported into the United States. The Aluminum Association’s member companies represent the entire industry value chain and the vast majority of domestic aluminum production.
The letter proposes an alternative approach to address the serious trade challenges facing the domestic aluminum industry today:
“Unfortunately, the tariffs proposed will do little to address the fundamental problem of massive aluminum overcapacity in China, while impacting supply chains with vital trading partners who play by the rules,”added Brock. “We fear that the proposed tariff may do more harm than good, hurting rather than helping the 97 percent of aluminum industry jobs in mid-and-downstream production processes.”
Source: The Aluminum association