Canadian aluminum producers, primarily from Quebec, are redirecting their exports to Europe. This shift is a direct result of the 25% tariff on aluminum imports reinstated by the US in March, and then doubled to 50% in June. The tariffs have made shipments to the US market significantly more expensive, prompting companies to seek more profitable alternatives.
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Switzerland is negotiating with the US to reduce a 39% gold tariff that could halt billions in gold exports and cost thousands of jobs.
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