Category: Global Trade

There were a number of dizzying geopolitical headlines coming out of Washington and the Persian Gulf this past week that played havoc with the various markets.

Aluminum Association of Canada's Jean Simard outlines how the upcoming CUSMA review could strengthen North American aluminum market integration through greater transparency, stronger enforcement and closer trade-policy coordination while preserving the agreement's existing framework.

Oklahoma Attorney General Gentner Drummond's challenge to the proposed Inola aluminum smelter shifts the debate from what regulators may decide to whether the permitting process should be allowed to reach a conclusion.

USMCA modernized North American trade and reinforced the manufacturing foundation that supports the automotive, packaging, aerospace, energy and defense sectors.

Going into this week, focus will remain on US equity markets as investors wait to see whether Friday's selloff will intensify, in which case we could see knock-on price declines in a number of other complexes—including base and precious metals.

The proposed extension would last for one year.

The forced-labor and Brazil 301 actions are aimed more at finished goods supply chains, not raw metals.

Commercial participation in LME aluminum declined over the past year even as prices increased, inventories tightened and financial market activity expanded.

News happens fast these days. Here are highlights from May to keep you informed.

A June 1 proclamation expanded the list of equipment products eligible for temporary 15% Section 232 tariff treatment and established an 85% domestic content threshold for products eligible for a 10% rate.