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Home Videos

Why Aluminum Tariffs May Be Pricey For Americans

DeFi Daily News by DeFi Daily News
March 12, 2025
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Aluminum is a critical mineral used in American defense, transportation and energy systems. Producing aluminum requires large amounts of electricity, and typically occurs in China, Russia, India and Canada. In March 2025, the Trump administration imposed 25% tariffs on all aluminum entering the United States. Companies including Alcoa, Ford, Coca-Cola and Lockheed Martin could face higher input costs. But aluminum production’s return may take time due to high demand for the electricity required to process the metal.

Chapters:
00:00 Introduction
01:18 Chapter 1: Aluminum
04:26 Chapter 2: Canada
06:15 Chapter 3: The industrial base

Produced and Edited by: Carlos Waters
Senior Managing Producer: Shawn Baldwin
Graphics: Jason Reginato, Christine Kim
Additional Footage: Getty Images
Additional Sources: Center for Strategic and International Studies, Clinton Aluminum, Council on Foreign Relations, Howard Precision Metals Inc., Federal Register, National Mining Association, International Aluminum Association, National Association of Home Builders, Office of the U.S. Trade Representative, Peterson Institute for International Economics, Reynolds, Center For Strategic Industrial Materials, S&P Global, U.S. Geological Survey, U.S. International Trade Administration

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Why Aluminum Tariffs May Be Pricey For Americans

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Tags: AlcoaaluminumAmericansAnalysisbauxitebusinessCanadacarsChinacnbcconsumer newscritical mineralsdata visualizationdefense industryEconomicsEconomyelectricityenergyenergy securityEngineeringexportsFinancesfree tradeglobalizationGovernmenthome pricesimportsInflationinternational tradeLumbermanufacturingMetalsmidwest premiumMoneyNewsPCE inflationpolicyPoliticspricesPriceyRecyclingsteelstockstarifftariffsTechnologytradeunited statesus newsUSMCA
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