US-Canada trade deal would hurt European aluminium buyers: Andy Home

Zawya · Andy Home ·

The aluminium market is equally wary, having got burnt in August, when a breakthrough in the trade dispute seemed equally close

(The opinions expressed here are those of the author, a columnist for Reuters)

LONDON - A reduction in US tariffs on Canadian aluminium is just a question of "when, not if," according to Jorge Vazquez, founder and managing director of US consultancy Harbor Aluminum, speaking at last month's LME Seminar.

That was a bold call at the time, but the two countries now appear close to a trade deal. Even US President Donald Trump says so, although Canadian negotiators are taking a more cautious line in public, at least.

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