A Sept. 2 House Ways & Means Committee hearing on critical minerals had both members and witnesses suggesting that countries the U.S. relies on for these hard-to-mine, harder-to-process minerals be granted trade preferences.
Late on Friday, August 21, the tentative U.S.–Canada trade agreement collapsed, shortly before new tariffs took effect. Market reporting centered on cutting the Section 232 tariff on Canadian primary aluminum to 25 percent, and the concession was poised to reach fabricated aluminum products as well.