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J.P. Morgan Sticks to Its Buy Rating for Constellium (CSTM)
Aluminum Tariffs Would Cost Alcoa 'Tens of Millions of Dollars' -- Market Talk
Base Metal Prices Mixed as Markets Digest Imposition of U.S. Tariffs -- Market Talk
A major reversal in the US-Canada trade war, White House Chief Trade Advisor: There are no plans to implement adjustments to Steel and Aluminum tariffs.
President Trump of the USA originally planned to increase tariffs on Canadian Steel and Aluminum products to 50% on Wednesday, but this decision underwent a dramatic reversal in less than six hours.
The trade war between the U.S. and Canada escalates again! Trump announces that the tariffs on Canadian Steel and Aluminum products exported to the U.S. will increase to 50%.
① Trump announced a 25% additional tariff on all Steel and Aluminum products from Canada, raising the tariff level to 50%, which will take effect on the morning of March 12; ② Trump also stated that if Canada does not reduce tariffs on Dairy Products and Other Commodities from the USA, he will "significantly increase" tariffs on Canadian Auto Parts on April 2.
Aluminum Prices Rise as Trump Doubles Planned Canadian Metals Tariff -- Market Talk
