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Aluminum Tariff Rollback Talk Brings Little Relief

Seeking Alpha
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ING Economic and Financial Analysis5.15K FollowersFollow5ShareSavePlay(5min)CommentsSummaryLME aluminium eased on headlines suggesting President Donald Trump is considering rolling back some levies on aluminium and steel products amid concerns they are hurting US consumers.Reports of a potential US aluminium tariff rollback come at a moment when the market is navigating tight fundamentals, low inventories and distorted trade flows.Here we look at how tariffs have so far shaped aluminium’s trade flows and pricing. Everett Atlas/iStock via Getty Images By Ewa Manthey, Commodities Strategist LME aluminium eased on headlines suggesting President Donald Trump is considering rolling back some levies on aluminium and steel products amid concerns they are hurting US consumers.

The White HouseThis article was written byING Economic and Financial Analysis5.15K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.

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