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-0.00196404290678343 -0.00438132648436308 -0.00800725185073276 -0.00800725185073276 -0.0158634234778667 -0.00966913431031879 -0.0261368786825803 -0.0267411995769753
Stock impact report

UAE aluminium exports to US jump ahead of Trump tariffs, data shows [Yahoo! Finance]

Alcoa Corporation (AA) 
Last alcoa corporation earnings: 4/22 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
Company Research Source: Yahoo! Finance
Department of Commerce showed, as buyers stocked up on shipments from their second-biggest supplier before the U.S. tariffs took effect on Wednesday. So far in March, the UAE exported 68,560.29 metric tons of aluminium to the U.S. before the tariffs kicked in, compared to 16,124.88 metric tons in all of March 2024. The exports in March are already at a nearly two-year high on a monthly basis. President Donald Trump imposed 25% tariffs on all U.S. steel and aluminium imports with the goal of strengthening domestic production. In 2024, Canada supplied about 70% of primary and alloyed aluminium consumed by the U.S., while the UAE was the second-largest exporter with about 8% in total U.S. consumption last year. Canada, the biggest foreign supplier of steel and aluminium to the U.S., has announced 25% retaliatory tariffs on those metals, along with computers, sports equipment and other products. U.S. importers are likely to look for alternative sources given the trade tensions w Show less Read more
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