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Some U.S. aluminum producers are again pushing for tariffs on Canada as others warn of 'great Canadian distraction'

Business Financialpost - Just weeks before Canada’s long-negotiated trade agreement with the U.S. and Mexico is set to take effect, there’s mounting speculation that Washington is preparing to re-introduce tariffs on Canadian aluminum in what’s likely to cause a political uproar with serious economic fallout for the domestic industry.

The U.S. is the primary export destination for Canada’s $13-billion aluminum industry, accounting for 83 per cent of its trade in 2018.

Nonetheless, in recent weeks, aluminum future prices on the Chicago Mercantile Market have risen, which some analysts attribute to behind-the-scenes lobbying efforts by two U.S. aluminum producers, pressure from other aluminum producing countries, and the likelihood that U.S. President Donald Trump will impose new restrictions on Canadian aluminum.

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