Jerome Pecresse, the chief executive of aluminum for Rio Tinto, has offered advice to his industry amidst uncertain tariff discussions on Canadian goods entering the U.S. He reassured employees in Kitimat that job security is not at risk. Unlike steel, which faces severe tariff threats, Pecresse remains optimistic about aluminum, citing the strong dependency of the U.S. on Canadian aluminum. With the U.S. importing significantly more aluminum from Canada than it exports, he emphasizes that uniform tariffs across countries lessen the impact on Canadian trade volumes.
"Be patient, be calm, be agile," said Jerome Pecresse, as he advised the aluminum industry amid ongoing discussions about tariffs on Canadian products.
Despite tariff threats, Pecresse believes Canada's aluminum industry remains stable due to a strong reliance by the U.S. on Canadian aluminum, unlike the steel sector.
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