AA - U.S. tariffs to target 18 countries dumping aluminum Ross says

The U.S. will impose new tariffs on $1.96B worth of aluminum sheet products from 18 countries including Germany and Brazil after determining that the goods were being dumped, Commerce Secretary Ross says.The new tariffs are in effect now, even though the department's determination that there was dumping was preliminary, Ross says.China is not on the list, since U.S. tariffs already had been imposed on its aluminum products, which led to Chinese excess capacity that displaced production in other countries and resulted in dumping in the U.S., Ross says.Potentially relevant tickers include [[AA]], [[CENX]], [[KALU]], [[ARNC]].ETFs: [[JJU]], [[JJUB]]The Trump administration recently removed aluminum tariffs it imposed on Canada after reaching an agreement to limit imports of raw Canadian aluminum into the U.S.

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U.S. tariffs to target 18 countries dumping aluminum, Ross says