The Aluminum Extruders Council today released a statement regarding the Section 232 Investigation on the effects of aluminum imports on U.S. national security:
The Aluminum 232 Remedy Should Target China
The Aluminum Extruders Council (AEC) cautions President Trump not to miss this historic opportunity to confront the real threat to the U.S. aluminum industry: China. The AEC believes that a global tariff on aluminum products will have the opposite effect than intended and actually play into China’s hands. China does not export primary aluminum to the U.S. but instead targets downstream aluminum markets with their unfair trade practices. A global tariff as proposed by the President will not stop those imports. AEC President Jeff Henderson stated, “we simply cannot afford to get this wrong. The remedy should be a tariff targeted at China and countries that allow Chinese transshipment.”
Since 2009, the AEC has successfully battled the unfair and illegal trade practices of the Chinese aluminum extrusion industry. As a result of pursuing measures specifically targeted at China, the U.S. aluminum extrusion industry has been able to recover and grow. Employment has increased by 50% and the industry has invested well over one billion dollars into U.S. manufacturing and R&D.