Aluminum tariffs to ruin demand, raise prices, Canadian industry says

Open this photo in gallery: Alcoa’s Becancour aluminum smelter is seen in Becancour, Quebec, Canada February 10, 2025. REUTERS/Bernard BraultBernard Brault/Reuters U.S. President Donald Trump's move to double import tariffs on aluminum to 50 per cent will rattle key industries like defence and construction and upend more than a century of cross-border industrial cooperation between Canada and the United States, business and political leaders warn. The President signed an executive order raising the levies on steel and aluminum late Tuesday, causing shockwaves in corporate boardrooms and political back offices. Canada is the largest supplier of both metals to the United…