Alcoa: If Trump's tariffs are implemented, the production and sales model will change
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William Oplinger, CEO of Alcoa, stated that if Trump imposes a 25% tariff on Canada, it will lead Alcoa to change its production and sales model, shifting Australian aluminum to the United States while rerouting Canadian aluminum to Europe. Trump plans to implement the tariffs starting February 1, which could have complex effects on global trade. Oplinger expects that U.S. aluminum users will need to pay an additional $1.5 billion to $2 billion
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