Industry group says Trump tariffs could destroy U.S. demand for aluminum

Trump tariffs could destroy U.S. demand for aluminum: Industry group

Canada's aluminum industry says Trump's 25 per cent tariffs could destroy demand for the metal in the American market.

The President and CEO of the Aluminum Association of Canada (AAFC) believes that if U.S. tariffs on this metal persist, there will be "destruction of demand" in the United States.

Industry group says Trump tariffs could destroy U.S. demand for aluminum

MONTREAL — A representative of Canada’s aluminum industry says the Trump administration’s 25 per cent tariffs could destroy demand for the metal in the American market.

MONTREAL — The President and Chief Executive Officer of the Aluminum Association of Canada (AAFC) believes that if US tariffs on this metal persist, there will be a "destruction of demand" in the United States. Small American companies "will be heavily affected" by the 25% tariff announced by President Donald Trump and will not have the liquidity necessary to pay them," said CCAC President Jean Simard. "The orders will slow down and there will b…

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The President and CEO of the Aluminium Association of Canada (AAFC) believes that, if US tariffs on this metal persist, there will be a "destruction of demand" in the United States. Small American companies "will be heavily affected" by the 25% tariffs announced by President Donald Trump and will not have the liquidity necessary to pay them," said CCAC President Jean Simard. "The orders will slow down and there will be "short-term stagnation of …