Trump admin rejects Ford’s requests for relief from aluminum tariffs, WSJ says

The Trump administration has rejected requests from Ford Motor (F) and other U.S. automakers for relief from the tariffs on aluminum after two fires at the Novelis aluminum plant in Oswego, New York took the facility out of commission until at list this June, Gavin Bade, Bob Tita, and Ryan Felton of The Wall Street Journal reports. The Novelis aluminum plant in Oswego is the largest domestic supplier of aluminum sheets for the U.S. automotive industry, supplying materials for Ford, Stellantis (STLA), and General Motors (GM) as well as foreign automakers with U.S. facilities. The disruption has affected Ford the most, which relied on the plant for the aluminum exterior of its F-150 truck. Ford has recently petitioned from the Trump administration for assistance, asking for relief until the Oswego plant returns to full service, but, so far, the administration has not budged, people with knowledge of the conversations told the Journal.