Quebec Aluminum Smelters More Resilient Than Expected Despite US Tariffs
A major aluminum association in Canada says the impact of U.S. tariffs on the industry has been less dire than expected. Jean Simard, president and CEO of the Aluminum Association of Canada, says the industry is operating at 95 percent capacity. “No slowdown, no layoffs,” Simard said in an interview with The Canadian Press on […].
Quebec Aluminum Smelters More Resilient Than Expected Despite US Tariffs The Aluminum Association of Canada reports that the impact of U.S. tariffs has been less severe than anticipated, with the industry operating at 95 percent capacity without slowdowns or layoffs. Despite this resilience, concerns remain about the future due to a lack of visibility and ongoing trade agreement talks. Jean Simard, president and CEO, expressed that the situation is “less painful than we anticipated” but highlighted the “total uncertainty” of the current global trade environment.
- Canadian aluminum industry operating at 95 percent capacity despite U.S. tariffs.
- No significant slowdown or layoffs reported due to the tariffs.
- Industry leaders express concern about future uncertainty and lack of visibility.
- Talks to renew the North American free-trade agreement are a point of concern.
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