Trump's 50% Tariff BACKFIRES as Canada Sells Aluminum to Europe at Record Prices
Trump's 50% tariff on Canadian aluminum just backfired as Canada redirects record shipments to Europe, cashing in on record European aluminum prices while U.S. buyers now pay historic premiums for the same metal. In this breakdown, Fiscal Flow unpacks how Quebec's aluminum exports flipped from 95% U.S.-bound to nearly 60% Europe-bound within months, why Rio Tinto and Aluminerie Alouette rerouted supply toward Rotterdam, Milan, and Athens, and how the U.S. Midwest aluminum premium hit an all-time high while Canada posted its strongest trade surplus in four years. We break down the real trade data behind this tariff backfire and what it means for American manufacturers, car buyers, beverage companies, and construction firms nationwide. Subscribe to Fiscal Flow for fact-based, research-driven breakdowns of the trade, tariff, and economic stories shaping global markets. #Tariffs #Trump #Canada #Aluminum #TradeWar #Economy #FiscalFlow #USA #Europe #Finance

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