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China or US Consumers: Who’s Paying the Tariffs?

China or US Consumers: Who’s Paying the Tariffs?

Is the US-China Trade War Inevitable Now? In March, President Trump imposed a 10% tariff on US aluminum imports apparently to protect US aluminum producers from imports. In the past, Alcoa (AA) has requested President Trump address the core issue of Chinese overcapacity that’s haunting not just US producers but global aluminum producers.