In 2016, #Argentina's aluminum exports to the U.S. were worth $332 million, or 7% of Argentina's $4.7 billion in total goods exports to the U.S., according to @USTradeRep data.
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Your periodic reminder that a highly unfavorable @CommerceGov ruling on aluminum exports to the United States is expected next month, and it could significantly harm U.S.-#Argentina trade.
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The Section 232 investigation by
@CommerceGov looks at the effects on national security of all aluminum imports. But the impact of trade barriers would be particularly detrimental to#Argentina. A June@TradeGov report identified#Argentina as the U.S.'s fourth-biggest supplier.pic.twitter.com/WdCTzPoxNl
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Aluar Aluminio Argentino, a major Argentine producer (2,000 employees, 460,000 tons annual capacity, 2%-6% of U.S. imports), is anxious. In a letter to
@CommerceGov in June, the company insisted it "complements," and does "not threaten," U.S. producers. https://www.bis.doc.gov/index.php/232-aluminum-public-comments/1956-aluar-alum-public-comment-pdf/file …Show this thread
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