Aluminum

Surging Natural Gas Prices Create ‘Complicated Situation’ for Aluminum Giant Alcoa

Surging Natural Gas Prices Create ‘Complicated Situation’ for Aluminum Giant Alcoa

Despite global uncertainty over a potential economic recession, global aluminum supply will continue to be under pressure by high demand through this year, according to executives at top U.S. producer Alcoa Corp. “European smelters and more recently one smelter in North America have cut capacity due to higher energy prices,” CEO Roy Harvey said on…

July 21, 2022

U.S. Agrees to Lift Steel, Aluminum Tariffs on Canada, Mexico

The United States on Friday agreed to lift steel and aluminum tariffs imposed on North American trading partners Canada and Mexico, removing one major impediment to enacting the Trump administration’s proposed United States Mexico Canada Agreement (USMCA).

May 17, 2019

Trilateral Trade Agreement Signed, But Faces Uncertain Future

After months of negotiations, President Trump, Canadian Prime Minister Justin Trudeau and Mexico’s then-president, Enrique Peña Nieto, on Friday signed a new trilateral trade agreement on the sidelines of the G-20 summit in Buenos Aires, Argentina.

December 3, 2018

Trilateral Trade Deal Still Facing Uncertain Future for U.S., Canada and Mexico

After months of negotiations, President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto on Friday signed a new trilateral trade agreement on the sidelines of the G-20 summit in Buenos Aires, Argentina.

November 30, 2018

Texas Governor Berates Trump Over Tariffs

Republican Gov. Greg Abbott of Texas, a supporter of President Trump, on Thursday said the administration’s new tariffs on steel and aluminum imports could threaten future economic growth in the state and across the country.

June 29, 2018

API’s Gerard Warns Tariffs ‘Not Good’ For Oil & Gas Industry; Mexico Strikes Back

Mexico’s plans to retaliate against the Trump administration for its decision last week to impose tariffs on steel and aluminum imports started to come into focus Tuesday.

June 6, 2018

Mexico Files WTO Complaint on Tariffs; Trump Said Considering Bilateral NAFTA Negotiations

Mexico said it would follow the European Union’s (EU) lead and file legal proceedings with the World Trade Organization (WTO) over the Trump administration’s decision last week to impose tariffs on steel and aluminum imports.

June 5, 2018

White House Extends Steel, Aluminum Tariff Negotiations Another 30 Days

One day before controversial new tariffs on steel and aluminum imports on several U.S. allies were to take effect, the Trump administration on Monday extended trade negotiations with Canada, Mexico and the European Union (EU) for another 30 days.

May 1, 2018

White House Exempts Allies from Steel, Aluminum Tariffs

In the final hours before new tariffs on steel and aluminum imports were to take effect, the White House late Thursday issued a trio of proclamations to fine tune the tariffs, exempting several allied nations with whom negotiations were ongoing.

March 23, 2018

Commerce Outlines Procedure For Oil, Gas Industry to Request Tariff Exemptions

After garnering feedback from many circles, including the oil and natural gas industry, the Trump administration outlined a procedure for requesting an exemption to its recently announced tariffs on steel and aluminum imports, and began accepting such requests on Monday.

March 19, 2018
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