this post was submitted on 03 Feb 2025
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Canada to divert aluminum to Europe in response to Trump tariffs - National | Globalnews.ca (globalnews.ca)
submitted 1 day ago by breakfastmtn@lemmy.ca to c/canada@lemmy.ca
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The cost of aluminum for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market traders said.

. . .

The U.S. is a major importer of aluminum used widely in the transport, packaging and construction industries, shipping in 5.46 million metric tons of aluminum products in 2023, according the U.S. Commerce Department.

According to the Commerce Department, Canada accounted for 3.08 million tons or 56 per centof aluminum product imports to the United States for domestic consumption in 2023, the latest full year data available.

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[–] piccolo@sh.itjust.works 9 points 1 day ago (1 children)

Its 2025, and trains are still the cheapest and most efficient way of moving material. Now if canada builds a trans artic rail to europe...

[–] Arkouda@lemmy.ca 0 points 1 day ago (2 children)

In 2022 rail freight accounted for $209.2 Billion in goods from and to Canada and Mexico, Truck freight accounted for $996.4 billion.

https://www.bts.gov/newsroom/transborder-freight-annual-report-2023

If trains are the cheapest and most efficient way to move materials, what is causing the use of trucks instead of trains for North American trade?

[–] piccolo@sh.itjust.works 6 points 1 day ago (1 children)

Because the US public invested in a massive road network and let the rail network deteriorate?...

[–] Arkouda@lemmy.ca -2 points 1 day ago (1 children)

Its 2025, and trains are still the cheapest and most efficient way of moving material. Now if canada builds a trans artic rail to europe…

Because the US public invested in a massive road network and let the rail network deteriorate?..

Thank you for proving my point in an attempt to argue against it.

[–] piccolo@sh.itjust.works 5 points 1 day ago (1 children)

All you prove is US purposely do things less efficient but ok.

[–] Arkouda@lemmy.ca -3 points 1 day ago (1 children)

All you prove is US purposely do things less efficient but ok.

I gave you information and a source, while you give willful ignorance. Believe what you want and go troll elsewhere.