Bradskii
Old age should burn and rave at close of day;
- Aug 19, 2018
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You can't make enough to cover your own needs, let along export it: https://money.usnews.com/investing/...-does-the-u-s-get-its-steel-and-aluminum-fromIts more like Trump and the US are looking at buying 0% of Alumnium from Canada and producing this in the US and selling to other countries keeping the full profit
'The U.S. aluminum smelting industry is small by global standards. Total smelter capacity in the country was just 1.73% of the global total according to the U.S. Geological Survey.'
And:
'The US imported nearly all the bauxite (the only commercial aluminum ore) used in producing primary aluminum. For years, the US has produced less than 1% of the bauxite used to make aluminum.'
And guess where you get 45% of refractory-grade calcined bauxite? China. Bauxite and alumina
Trump has bounced around so much on tariffs that I can't be definite about this, but the section 232 tariffs on Aluminium is 25%. So far from making a profit in exporting it, companies that need it are going to pay 25% more for it.
Still think it's a great idea?
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