INFOGRAPHIC: US' 50% aluminum tariffs set to change global trade flows

The US imposing a 50% tariff on aluminum imports is set to change existing global trade flows once again, with countries such as Canada and China at the most risk.

The US, a top aluminum importer, entered into trade deals with several countries in July, but has kept the aluminum tariffs in place as they are part of the US Section 232 legislation.

Since the tariffs have been announced, US aluminum prices have surged to record highs, with the Platts Midwest Premium surging 178% during the first half of 2025. Platts is part of S&P Global Energy.

The Platts spot 99.7% P1020 US Aluminum Transaction Premium was assessed at 71.25 cents/lb plus LME cash, delivered Midwest, net-30-day payment terms, on July 30, marking an all-time high for the assessment.

Related: Infographic: Global steel trade eyes another reset amid US tariffs