Aluminium reliant industries not spared from the impact of tariffs

From fastmarkets.com

There are expectations among market participants that the 25% tariff imposed by United States President Donald Trump on imports of steel and aluminium from all countries, which kicked in on March 12, will impact industries that are reliant on aluminium, ranging from food packaging to aerospace, sources told Fastmarkets. “Whether you are an extruder or a sheet products producer, [you will be affected]. The tariff, as we all know, ends up being imposed in the cost of the metal. So, there is no bill going to somebody [in particular], it is in the metal, and the cost of the metal goes up,” a US aluminium market ... (full story)