U.S. President Donald Trump said the country urgently needs aluminum and that more than half of the aluminum consumed in the United States comes from Canada. Against the backdrop of an escalating trade dispute between the two countries and controversy over a 50% metal tariff, Trump said he plans to build an aluminum plant in Oklahoma. The report also said Washington and Ottawa had at one point come close to an agreement that would have cut aluminum tariffs in half. That proposal did not move forward after facing opposition from the U.S. steel and aluminum industries. The remarks put fresh attention on aluminum supply dependence, cross-border trade frictions, and tariff policy tied to North American metals flows.
ChainCatcher reports that U.S. President Donald Trump said the United States urgently needs aluminum, and that more than half of the aluminum used in the country comes from Canada.
As the U.S.-Canada trade dispute heats up and the fight over a 50% metal tariff keeps dragging on, Trump said he wants to build an aluminum plant in Oklahoma.
The report also said the two sides had earlier come close to a deal to cut aluminum tariffs by half, but the plan ran into opposition from the U.S. steel and aluminum industries.
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