SMM

The return of U.S. aluminum tariffs under Trump’s administration has reignited global trade tensions, affecting supply chains and market trends. While tariffs aim to support domestic production, the U.S. still relies heavily on imports, driving up aluminum prices and raising costs for industries like automotive, construction, and packaging. Despite government backing, primary aluminum production remains limited, with recycling and secondary output expected to become more important. Global trade patterns may change as key suppliers like Canada look for new markets, while uncertainty over U.S. trade policies keeps market sentiment cautious.