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Stock impact report

Trump Extends Trade Fight as Steel, Aluminum Tariffs Take Effect [Yahoo! Finance Canada]

Alcoa Corporation (AA) 
Last alcoa corporation earnings: 4/22 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
Most Read from Bloomberg The president announced his plan last month to impose 25% duties on the metals. No exemptions have been granted. The latest restrictions kick in after a tumultuous day at the White House, when Trump threatened to double the metals tariffs on Canada to 50%, only to back off when Ontario agreed to drop plans to impose a surcharge on electricity sent to the US — all while downplaying the risk of a tariff-led recession that has sent US markets plunging. Trump's move to widen his trade offensive comes at a perilous juncture seven weeks into his second term. His rapid effort to rewire the US economy as a global manufacturing power has rattled financial markets, spooked consumers still haunted by pandemic-era inflation and fueled recession fears amid mounting uncertainty for corporate America. Trump pressed on with the metals tariffs despite a flurry of last-minute lobbying from US stakeholders, including the country's largest aluminum producer, Alcoa Corp. Show less Read more
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