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    AMU

    July 12, 2024

    CRU aluminum news roundup

    Written by Marziyeh Horeh

    Biden toughens measures against Chinese metal imports

    President Joe Biden has announced Chinese-made steel and aluminum shipped via Mexico will immediately face import duties of 25% and 10%, respectively. This is to close a loophole in the USMCA free-trade agreement, his administration argues. Previously, steel from Mexico entered the US duty-free. Mexico said the action will complement its own recently imposed tariffs on the metals from some countries and further protect the North American market. The governments worked together to draw up the new measures, which also cover aluminum from Belarus, Iran, and Russia.

    Marziyeh Horeh

    Marziyeh Horeh is an aluminum analyst at CRU. She covers extrusions and the secondary market in North America. Prior to joining CRU in August 2023, Marziyeh was a post-doctoral fellow at Purdue University focusing on the economics of climate change and sustainability. Marziyeh holds a PhD in Natural Resource Economics from West Virginia University.

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