Aluminum Association applauds Canadian tariffs on Chinese imports
Image: Shutterstock
The Aluminum Association has applauded a plan announced by the Canadian government to impose a 25% tariff (or “surtax”) on certain aluminium and aluminium products imported from China. Pending a public review and comment period, the tariffs are slated to be implemented by 15 October.The move is consistent with long-time calls by the Aluminum Association and its partners in Canada to strengthen trade enforcement across the region. This decisive move marks a significant step forward in creating a fairer and more level playing field for North American aluminium production.
The decision follows recent action in the region to address unfair trade practices that have long impacted domestic aluminium producers, including increased monitoring and enforcement and tariffs on imports of unfairly traded metal from China, Russia and elsewhere.
Charles Johnson, president & CEO of the Aluminum Association, released the following statement: “Today’s decision is another example of sensible, targeted trade policy that will help ensure that North America continues to be one of the best places on earth to make aluminium and aluminium products. In the United States alone, aluminium firms have invested more than $10 billion in new and expanded plants, including nearly $200 million just this year. Actions like those announced today by Canada will ensure that these investments are fruitful – creating jobs and capturing anticipated demand growth in the coming decades.
North America boasts some of the cleanest aluminium production in the world thanks to low-carbon smelting in Canada as well as industry recycling efforts and technology advancement. Making more aluminium here is a win for both the regional economy and the environment. By working together with our fellow USMCA countries, we can ensure that the entire region of aluminium production, fabrication and recycling continues to thrive.”
Aluminium demand in North America (United States and Canada) was up 4.3% year-over-year in the first quarter of 2024, according to recent Aluminum Association data – the strongest results since 2022. Aluminum output is expected to grow by about 80% globally by 2050 thanks to demand for sustainable packaging, safe and efficient vehicles, greener buildings and vital infrastructure.
With sustainability an increasingly important driver of future demand for the material, the Aluminum Association recently completed a report, Pathways to Decarbonization: A North American Aluminum Roadmap, that lays out theoretical pathways to achieve industrywide carbon emission reductions consistent with the International Energy Agency’s (IEA) Net Zero by 2050 goals. The report concluded that North America enjoys a significant carbon emissions advantage over much of the rest of the global aluminium industry. Moving forward, access to abundant clean energy and investment in new technologies will be central to hitting ambitious emissions targets by mid-century.
