I’d imagine there’s also a monetary reason they didn’t in the first place too. I’m not sure if it was cheaper to just import from Canada or what, but I’d imagine things will be a lot more expensive for Americans even once things are all worked out (in the unlikely scenario the US ever even returns to being a stable country which seems unlikely at this point)
Bauxite is one of the few minerals the USA didn’t luck into. I’m not sure how the economics of refining are currently structured in the tariffs but the USA simply can’t economically create aluminum from “scratch” the way it can produce almost everything else. The mineral ilmenite (titanium) is another example.
It will be. Canada will find new export partners and will continue to make aluminum more efficiently and profitably than US competitors. Any products requiring aluminum in the US will either pass the tariffs off to consumers or pass off the costs of buying from a less efficient US manufacturer. As you said, if the US doesn’t collapse before all that
I am really not sure the US will last the 4 years of Trumps term, whether he is assassinated by the hamburglar, the senate or Congress does something stupid, or the people finally get feed up and go after him I do not know. 4 years is a long time and we haven’t even seen 3 months yet.
I’d imagine there’s also a monetary reason they didn’t in the first place too. I’m not sure if it was cheaper to just import from Canada or what, but I’d imagine things will be a lot more expensive for Americans even once things are all worked out (in the unlikely scenario the US ever even returns to being a stable country which seems unlikely at this point)
Bauxite is one of the few minerals the USA didn’t luck into. I’m not sure how the economics of refining are currently structured in the tariffs but the USA simply can’t economically create aluminum from “scratch” the way it can produce almost everything else. The mineral ilmenite (titanium) is another example.
It will be. Canada will find new export partners and will continue to make aluminum more efficiently and profitably than US competitors. Any products requiring aluminum in the US will either pass the tariffs off to consumers or pass off the costs of buying from a less efficient US manufacturer. As you said, if the US doesn’t collapse before all that
I am really not sure the US will last the 4 years of Trumps term, whether he is assassinated by the hamburglar, the senate or Congress does something stupid, or the people finally get feed up and go after him I do not know. 4 years is a long time and we haven’t even seen 3 months yet.