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The market is up this morning but tariffs are coming
Aluminum producer Alcoa said on Tuesday that Donald Trump’s plan to impose a tariff on aluminum imports could cost about 100,000 US jobs and would itself not be enough to entice it to boost production in the country.
The tariff is set to take effect March 4.
Energy is a major cost in production of aluminum and Canadian hydro is cheap
That’s why lots of aluminum is processed from ore in Canada
Posted from my iPhone/Mobile device
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