Century Aluminum ‘applauds’ Trump’s aluminum tariff increase

The company said, “Century Aluminum (CENX) Company applauds President Trump’s unwavering defense of the nation’s domestic production of critical metals by increasing aluminum tariffs to 50 percent. President Trump’s action, announced in Pittsburgh on Friday, increases the Section 232 tariffs on foreign primary aluminum imports from 25 percent to 50 percent. This bold step safeguards the supply of metals critical for national security, while encouraging investments in U.S. job creation. With the support of President Trump’s policies, Century Aluminum has announced that it will build the first new aluminum smelter to be built in the U.S. in 50 years and double domestic production.”