Alcoa warns Trump's aluminum tariff could cost 100,000 US jobs
Aluminum producer Alcoa said on Tuesday that U.S. President Donald Trump's plan to impose a tariff on aluminum imports could cost about 100,000 U.S. jobs and would itself not be enough to entice it to boost production in the country.
Alcoa CEO Warns 100,000 U.S. Industry Jobs at Risk Due to Trump’s Proposed Tariffs on Steel, Aluminum
The aluminum company views a 25% tariff on aluminum imports resulting in about 20,000 direct U.S. industry jobs being cut, as well as many as 80,000 indirect jobs being eliminated, Chief Executive Bill Oplinger said.
Reisman provides an overview of the new steel and aluminum tariffs and how they are different/similar to Section 232?
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