Alcoa reports $20 million tariff hit on imports from Canada
The largest US aluminum producer said President Donald Trump’s 25% tariff on metal imports has cost the company $20m since the duties went into effect.
As silent factories and deserted offices hobble demand for electricity worldwide, the biggest loser is coal. In the U.S., coal’s share of power generation has dropped more than 5 percentage points since February on the nation’s biggest grid while output from...
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