A Pittsburgh, Pennsylvania Aluminum Mill Is Crediting Their Rising Profits To President Trump’s Protective Tariffs On Imported Foreign Aluminum.
Alcoa saw a 14 percent increase in revenue in the third quarter thanks to Trump’s tariffs on imported aluminum.
Executives said the company’s aluminum smelters in the U.S. saw a benefit of $27 million thanks to the tariffs on imported aluminum. The price of sold raw aluminum also saw an increase of ten percent a ton due to the tariffs.
Trump’s economic nationalist policies allowed Alcoa to reopen one of its previously closedIndian smelters earlier this year. – READ MORE