Tariffs Fracture Aluminum Industry
Tariffs are driving a wedge through the $92 billion aluminum industry. Aluminum buyers say tariff pledges have already raised their costs and few suppliers in the U.S.—where production has been declining for years—can meet their needs. On the other side are U.S. aluminum producers, who say they have had to compete for years against foreign-made aluminum sold at artificially low prices. Read more here.