Markets Sanguine on Aluminum Premium Despite Tariff Threats
January 13th
U.S. primary aluminum price premiums—covering taxes, transport, and handling—rose only modestly, by about 12% (equivalent to $530/ton), despite President Trump’s threats to impose 25% tariffs on aluminum imports from Canada and Mexico. Analysts suggest that markets appear skeptical of such tariffs becoming reality, unlike in 2018 when the announcement caused a much sharper premium jump.
