Tag: Aluminum

  • Quota Gambit

    Ottawa revives a two-tier tariff-rate quota proposal for steel and aluminum as Dominic LeBlanc returns to Washington with two weeks left on the clock before a 50 per cent Section 338 duty lands on roughly US$20 billion of Canadian exports OTTAWA, Aug. 5, 2026 – Canada’s negotiators have put a familiar idea back on the table…

  • Smelter Carrot

    New Section 232 proclamation halves aluminum tariffs for companies that build American smelters, testing whether incentives can succeed where duties alone have not WASHINGTON, July 22, 2026 President Trump signed a proclamation on Monday that fundamentally reworks the incentive structure behind America’s aluminum tariffs, offering companies that invest in building, expanding, or refurbishing domestic smelters…

  • USMCA Round 3

    American and Mexican negotiators open three days of talks in Mexico City with autos, steel, and Chinese transshipment on the table, and the future of North American free trade increasingly negotiated one year at a time MEXICO CITY, July 21, 2026. United States and Mexican negotiating teams convened in the Mexican capital on Tuesday for…

  • Tariff Fallout

    The new 50 percent duties land on an economy already bruised by a year of trade conflict, while steel, aluminium, autos and softwood lumber remain trapped in a separate limbo the latest measure does nothing to resolve. TORONTO, July 22, 2026 The 50 percent duties President Donald Trump imposed on roughly US$20 billion of Canadian…

  • USMCA Showdown

    Washington and Mexico City open a decisive third round of USMCA review talks this week, with tougher auto content rules, metals verification, and China’s growing footprint in Mexican factories at the center of the table By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, July 20, 2026 The United States and Mexico begin their third…

  • Steel Tariff

    A full year into Washington’s 50 percent duty on Canadian steel and aluminum, producers report shipments down 60 percent, relief measures have lapsed, and Ottawa weighs its next counter-move as the continental trade pact shifts to annual reviews. OTTAWA, July 19, 2026. Canada’s steel and aluminum producers enter the back half of July still absorbing…

  • Novelis, Top Aluminum Supplier to Ford, Restarts Plant After Fires

    Two fires last year proved extremely disruptive to the auto industry, idling roughly 40% of America’s automotive aluminum sheet supply and forcing Ford to absorb a charge of up to $2 billion When Novelis confirmed on June 10, 2026 that its Oswego, New York hot mill was running again, the announcement read like a routine…

  • Steel and Aluminum Tariff Consulting: Navigating Section 232 Duties

    Section 232 and Its Lasting Impact 25 percent tariffs on steel and 10 percent on aluminum from most countries have fundamentally altered cost structures for manufacturers, fabricators, and distributors. The tariffs apply to primary products and certain downstream articles. Scope of Section 232 Tariffs Steel tariffs cover flat-rolled, long, tubular, stainless, wire, and semifinished products.…

  • Iceland-Canada Trade: Arctic Partners & Economic Opportunities

    Peacock Tariff Consulting Answer Capsule Iceland and Canada are NATO allies and Arctic Council partners with complementary economies. EFTA-Canada lacks comprehensive FTA, creating MFN tariff rates. Emerging opportunities exist in Arctic shipping, rare earth minerals, fisheries cooperation, geothermal expertise, and aluminum trade. Peacock Tariff Consulting bridges the tariff gap. Iceland and Canada: Natural Trading Partners…

  • Section 232 Steel and Aluminum Tariffs: What UK Manufacturers Need to Know

    Section 232 of the US Trade Expansion Act of 1962 authorized the US President to impose tariffs on products deemed necessary for national security. In March 2018, President Trump invoked this authority to impose 25% tariffs on steel imports and 10% tariffs on aluminum imports, tariffs that remain in effect today. For UK manufacturers and…