Alcoa's CEO Says Trump Tariffs Could Wipe Out 100,000 U.S. Jobs
Key Takeaways Alcoa CEO William Oplinger said Tuesday he believes President Donald Trump's proposed tariffs on aluminum and steel would result in fewer US jobs in the sector.Alcoa produces aluminum in Canada and the US.
Alcoa warns 100,000 U.S. jobs at risk, urging tariff exemption for aluminum
CEO William Oplinger is concerned about a potential stacking effect, in which tariffs against aluminum from Canada would be combined with other sweeping tariffs
Alcoa CEO says Trump's aluminum tariffs could cost 100K jobs
Alcoa Corporation (AA) stock is in focus as the aluminum company's CEO William Oplinger warns that US President Donald Trump's proposed 25% tariff on steel and aluminum will cost an estimated 100,000 American industrial workers their jobs.
Alcoa CEO Warns 100,000 U.S. Industry Jobs at Risk Due to Trump’s Proposed Tariffs on Steel, Aluminum
The aluminum company views a 25% tariff on aluminum imports resulting in about 20,000 direct U.S. industry jobs being cut, as well as many as 80,000 indirect jobs being eliminated, Chief Executive Bill Oplinger said.
Alcoa's CEO says aluminum levy could cost 100,000 U.S. jobs. Here are all the tariffs set to hit the economy in coming weeks.
Bill Oplinger, chief executive of Pittsburgh-based Alcoa Corp., which produces aluminum in Canada, Australia and other countries, told the BMO Global Metals and Mining Conference Tuesday that the aluminum import tax could cost about 100,
Alcoa grapples with potential impacts of new U.S. aluminum import tariffs
Steelmakers are hailing President Donald J. Trump’s new tariffs on imports, but the situation is murkier for other metals manufacturers, including aluminum makers like Pittsburgh-based Alcoa Inc.
Trump’s aluminum tariffs could cost 100,000 American jobs, US industry leader warns
President Donald Trump’s plan to impose a 25% tariff on all imported aluminum could cost 100,000 American jobs, the CEO of one of the largest US aluminum makers warned on Tuesday.
Tariffs Could Destroy 100,000 U.S. Jobs Warns Boss of Aluminum Miner Alcoa
Aluminum maker Alcoa (AA) has warned that President Trump’s plans to impose tariffs on imports of the metal could cost about 100,000 U.S.
Alcoa CEO: Tariffs Would Decimate Aluminum Sector, Not Protect It
A 25% tariff would cost the U.S. aluminum industry tens of thousands of direct and indirect jobs, Bill Oplinger told an investment bank conference.
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