vastardTrump promises 25% tariffs on steel and aluminum imports — including from Canada
If cutting power is still on the table, sometime in the next 2 hours would be hilarious.
Aluminum uses a lot of electricity to manufacture too.
Sure would be a shame if it suddenly became uneconomical to manufacture in the US.
It’s already practically uneconomical to so, Canada produces about 4x more Aluminium than the US and the US imports about 80% of the Canadian production.
Canada doesn’t have to budge on this one, the US can’t just spin up that much Aluminium production in any reasonable time line, they’re going to keep importing it and just paying the tariff themselves.
TroyWe could stack export tariffs on there. Bureaucratically difficult since we currently don’t really do export tariffs. But it would be an interesting political response.