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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[–] NotMyOldRedditName@lemmy.world 10 points 1 day ago (12 children)

We aren't trading with others because we had a stable trading partner beside us

It's more than that, it's exceedingly more easy to trade with a neighbor than across the Atlantic or Pacific oceans.

[–] Arkouda@lemmy.ca -3 points 1 day ago (11 children)

We aren’t trading with others because we had a stable trading partner beside us, and other markets would love to have those resources. That partner being unstable now forcing us to diversify our trade is a net positive long term because being that reliant on another country is not sustainable.

Respond to the whole point instead of taking an individual part of a whole sentence out of context in an attempt to sound intelligent.

It’s more than that, it’s exceedingly more easy to trade with a neighbor than across the Atlantic or Pacific oceans.

It is 2025, and we have the technology to move goods easily across oceans to better markets.

[–] NotMyOldRedditName@lemmy.world -1 points 1 day ago* (last edited 1 day ago) (2 children)

It's more expensive to ship across the oceans and requires a whole set of other infrastructure.

It's exceedingly more easy to ship across land borders and to try and say my point isn't valid like this is laughable.

Europe would rather get the material from continental Europe if they can, just like we'd rather ship within NA if we can.

Just because we can, doesn't mean we have to do so at greater expense and time. It's very normal for companies to stay within their continental area before deciding to expand to shipping overseas.

[–] Krik@lemmy.dbzer0.com 2 points 1 day ago

It’s more expensive to ship across the oceans and requires a whole set of other infrastructure.

It only needs two ports and two docks. One of each at each end of the shipping route.

It’s exceedingly more easy to ship across land borders and to try and say my point isn’t valid like this is laughable.

Do you really think building and maintaining thousands of miles of roads and rails is cheaper than a few ports?

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