U.S. aluminum tariffs threaten Kitimat
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massive aluminum smeltervancouversun
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World
Kitimat bracing for bite of Trump's 25 per cent aluminum tariff to take hold
73% Informative
U.S. President Donald Trump has put 25 per cent tariffs on all its aluminum and steel imports, including those from Canada .
That will surely hit mining giant Rio Tinto’s B.C. Works , which runs a massive aluminum smelter in Kitimat , which employs some 1,500 people.
The aluminum industry has been the single largest employer in the region for seven decades .
The last time a Trump administration hit Canadian and European Union aluminum producers with 10 per cent .
In 2019 , dollar value of B.C. aluminum exports to the U.S. declined, which is an indicator of the toll the 10 per cent tariff took on the industry.
Trade figures showed a 14 per cent decline between 2018 and 2019 .
“It’s not good for producers, and we will likely see less demand for our products just from tariffs alone”.
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80
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81
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57
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formal
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English
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