UAE aluminium exports to US jump ahead of Trump tariffs, data shows [Yahoo! Finance Canada]
Alcoa Corporation (AA)
Last alcoa corporation earnings: 4/22 04:10 pm
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Source: Yahoo! Finance Canada
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 with Canada and the threat of increasing tariffs on imports from Canada further, Yulia Buchneva, director at Fitch Ratings, said. "On average, the bus
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News
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- Alcoa (NYSE:AA) had its price target raised by analysts at JPMorgan Chase & Co. from $35.00 to $45.00. They now have a "neutral" rating on the stock.MarketBeat
AA
Earnings
- 10/22/25 - Beat
AA
Sec Filings
- 11/25/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 10/28/25 - Form 10-Q
- AA's page on the SEC website