US Imposes 25% Tariff with Limited Impact; Risks of Aluminum Plate/Sheet, Strip and Foil Export and Re-export Rise [SMM Analysis]
- feb 15, 2025, at 9:14 am
[SMM Analysis: Limited Impact of US 25% Tariff Increase, Rising Risks in Aluminum Plate/Sheet, Strip and Foil Re-Export] The US's imposition of a 25% tariff on imported aluminum and steel has a relatively limited direct impact on China's aluminum plate/sheet, strip and foil market. However, attention should be paid to the risks of indirect re-export trade. Relevant domestic enterprises need to continuously assess the feasibility of re-export routes while accelerating the development of diversified export markets to reduce dependence on the US.