The Aluminum Association released a statement responding to the announcement by President Trump that he plans to impose a 10% tariff on all aluminum imports regardless of country of origin and ignoring the main issue of Chinese aluminum overcapacity.
In a letter to President Donald J. Trump, Aluminum Association President & CEO Heidi Brock expressed concerns about the president’s recent announcement.
“On behalf of the Aluminum Association’s 114 member companies and the 713,000 U.S. jobs our industry supports, we are grateful for the attention that you and your administration have dedicated to our industry,” Brock said in the letter. “However, we are deeply concerned about the effects of a global tariff on aluminum production and jobs in the United States."
The letter proposes an alternative approach to address the serious trade challenges facing the domestic aluminum industry today. The proposals include addressing Chinese overcapacity, targeted tariffs on China, exemptions for vital trading partners, including Canada and the EU, address the needs of the entire domestic aluminum value chain, and adopting an import monitoring system to provide greater transparency for aluminum entering the U.S.