aluminum tariffs

Aluminum tariffs are taxes imposed by a government on imported aluminum, making it more expensive than domestically produced aluminum. Countries may use tariffs to protect their local aluminum industries from foreign competition, encourage domestic production, or address trade imbalances. While tariffs can help domestic manufacturers, they often lead to higher costs for industries relying on aluminum, such as manufacturing and construction, potentially increasing prices for consumers. The use of aluminum tariffs is a trade policy tool that influences international trade dynamics and economic relationships.