All articles tagged with #aluminium
US health officials are reviewing the safety of aluminium in vaccines amid political statements by Trump, who has called for its removal, despite scientific consensus that aluminium adjuvants are safe and have been used for decades to enhance vaccine efficacy. Removing aluminium would be complex, potentially reducing vaccine effectiveness and risking outbreaks of preventable diseases.
President Trump's doubling of tariffs on steel and aluminum is causing short-term disruptions in the recycling industry in Pennsylvania, leading to increased costs and market uncertainty for businesses like Lincoln Recycling, with potential impacts on consumer prices and the broader economy.
US import costs for steel and aluminium are expected to increase by over $100 billion due to Donald Trump's recent tariff hikes to 50%, significantly impacting global trade, raising prices, and affecting industries and exporters in Canada, Mexico, South Korea, and Europe.
US President Donald Trump has doubled tariffs on steel and aluminium imports from 25% to 50%, aiming to protect the American steel industry but risking retaliation and economic harm, with significant impacts on US and international businesses.
Donald Trump has ordered a 50% tariff on steel and aluminium imports to take effect on June 4, escalating his trade war efforts, with exemptions for the UK under a recent trade deal. The tariffs aim to protect US industries from foreign dumping, though they face legal and international opposition, especially from Canada.
The EU expressed strong regret over the US's decision to increase steel and aluminium tariffs from 25% to 50%, citing increased economic uncertainty and undermining of ongoing trade negotiations. President Trump justified the tariffs as a means to bolster the US steel industry, while also discussing a potential investment deal with Japan's Nippon Steel for US Steel. The move has significant implications for international trade, especially affecting the EU and Canada, and could influence upcoming US midterm elections.
Aluminium and nickel prices surged following the imposition of sanctions on Russian supply, as concerns over disruptions to the global supply chain intensified. The sanctions, imposed in response to Russia's invasion of Ukraine, have raised fears of potential shortages and supply chain disruptions, leading to a sharp increase in commodity prices.
China's booming aluminium industry in Xinjiang has raised concerns about forced labor, exposing global carmakers to potential ethical and legal issues. The region's reliance on forced labor has prompted scrutiny from international organizations and governments, leading to calls for increased transparency and responsible sourcing practices within the supply chain.