Trump Reimposes 10% Tariff on Raw Canadian Aluminum

A little over a year after President Trump agreed to lift tariffs on imported Canadian aluminum to clear the way to passage of the United States Mexico Canada Agreement (USMCA) -- the newest version of the North American Free Trade Agreement -- those tariffs are coming back again -- at least some of them. Complaining that Canadian aluminum exports have "increased substantially" since the USMCA went into effect last month, and arguing that "Canada was taking advantage of us" and that the American "aluminum business was being decimated by Canada" in consequence, the President says "it is necessary and appropriate to reimpose" 10% tariffs on Canadian non-alloyed unwrought aluminum, also known as raw aluminum. When tariffs were lifted last year, the Trump Administration warned that they might be reimposed in the event of "a meaningful surge" in Canadian aluminum exports.