U.S. to Cut Aluminium Tariffs to Boost Defense Supply

“The Trump administration plans to cut aluminum tariffs for companies investing in smelting plants as it pushes U.S. defense companies to reduce their reliance on foreign adversaries,” the Financial Times reports.

“Companies committed to building, expanding or refurbishing American smelting facilities would qualify for incentives amounting to half of the current 50 per cent tariff on raw aluminum ‘feedstock.'”