"About $111 million in tariffs has been paid to the U.S. Treasury over the last four years. But $1.3 billion, according to Harbor, has been pocketed by U.S. aluminum mills and U.S. and Canadian smelters.
"That’s because producers can charge tariff prices even for scrap, domestically produced aluminum, and Canadian aluminum that is no longer subject to tariffs."
"Thus Harbor calculates that beverage manufacturers paid 92% of the $1.4 billion in tariff costs on non-tariffed aluminum."
No comments:
Post a Comment