The U.S. and the European Union (EU) announced a new agreement aimed at re-establishing historical transatlantic trade flows for aluminum and steel, as well as the negotiation of an arrangement to address carbon intensity and global overcapacity. In a joint statement, the U.S. and European Union noted, The European Union and the United States have […]
The U.S. Trade Representative (USTR) removed Section 232 tariffs on P1020 aluminum (non-alloyed, unwrought primary aluminum), following consultations with the Canadian government. This is based on the USTR’s determination that trade of P1020 aluminum would normalize by the end of 2020, with average monthly imports declining by 50% from the monthly average in the period of January […]
The U.S. White House announced it would reinstate Section 232 tariffs on P1020 aluminum from Canada. This decision comes after the recent signing of the U.S.-Mexico-Canada Agreement (USMCA). Section 232 tariffs were initially imposed in 2018, with exemptions later granted to Canada and Mexico in 2019. For many in the aluminum industry, the reimposition of 10% tariffs at this stage is […]
The Aluminum Association applauded the implementation of the U.S.-Mexico-Canada Agreement (USMCA), calling it an historic achievement for the North American aluminum industry. The agreement, ratified by all three countries, officially went into effect on July 1, 2020. “We greatly appreciate the efforts of the U.S., Canadian, and Mexican governments in ensuring this trade agreement guarantees […]
The U.S. government announced the complete and permanent lifting of Section 232 tariffs on aluminum imports from Canada and Mexico, without imposing quotas to cap imports at a certain level. In return, the countries agreed to drop all pending litigation with the World Trade Organization regarding the Section 232 tariffs. The leaders of three North America aluminum associations […]
During a Capitol Hill Briefing in Washington D.C. on November 27th, representatives from the Aluminum Association, manufacturers, farmers, and end customers addressed the the U.S. International Trade Commission on how the Section 232 tariffs on aluminum and steel have impacted the U.S. industry and urging the commission to eliminate or provide exemptions for these tariffs through the U.S.-Mexico-Canada […]
The U.S. government will begin imposing 10% tariffs on the import of aluminum from the European Union (EU), Canada, and Mexico as part of Section 232. The temporary exceptions that had delayed the implementation of these tariffs expired on June 1st and were not renewed (read the full presidential proclamation). However, Argentina and Australia will remain exempt […]
A tariff of 10% on most aluminum and aluminum products entering the U.S. has gone into effect as of today. A new proclamation, issued by President Trump, provides exemptions to these tariffs for key trading partner countries. In addition to previously announced exemptions for Canada and Mexico, temporary exemptions have been given to the European Union […]
Yesterday, President Trump signed proclamations to formally adjust the tariffs on aluminum (10%), stating national security as a major reason for their implementation under Section 232. These tariffs will go into effect 15 days from this signing. Canada and Mexico are temporarily exempt from the tariffs, depending on the outcome of NAFTA negotiations. Other countries will also have an […]
