Alcoa
Warns Aluminum Tariff Could Cost 100K US Jobs (Connecting
the Dots: Alcoa, Fluoride, Obamacare, Klaus Kleinfeld, Bayer, Zyklon B, The Holocaust,
COVID & Soros Funding, All Networking)
Newsmax.com
Tuesday,
25 February 2025 11:14 AM EST
https://www.newsmax.com/finance/streettalk/alcoa-aluminum-tariff/2025/02/25/id/1200399/
Aluminum
producer Alcoa
said Tuesday that U.S. President Donald Trump's plan to impose a tariff on
aluminum imports could cost about 100,000 U.S. jobs and would itself not be
enough to entice it to boost production in the country.
Trump
earlier this month said he would impose a flat 25% tariff on aluminum imports
"without exceptions or exemptions" in a bid to lift U.S. production
of the metal used to make automobiles, cans and other products.
The
tariff takes effect on March 4.
Pittsburgh-based
Alcoa, which produces aluminum in Canada, Iceland, Australia and elsewhere, had
trimmed its output in the United States in recent years partly due to
electricity costs.
Bill
Oplinger, Alcoa's CEO, told the BMO Global Metals and Mining Conference in
Florida that the tariffs could cost about 20,000 U.S. aluminum industry jobs
and further 80,000 jobs in sectors that support it.
"This
is bad for the aluminum industry in the U.S. It's bad for American
workers," said Oplinger, an engineer by training who became CEO in 2023,
in webcast remarks.
U.S.
data showed aluminum smelters produced just 670,000 metric tons of the metal
last year, compared with 3.7 million in 2000. Plant closures in recent years,
including in Kentucky and Missouri, have left the country largely reliant on
imports.
The
tariffs alone would not be enough to entice Alcoa to restart some of its
shuttered U.S. facilities, the CEO said, adding that Trump officials have asked
the company to do just that.
"It's
very hard to make an investment decision, even on something like a restart,
without knowing how long the tariffs will last," Oplinger said.
He
also said that he has lobbied Trump officials for an exemption on Canadian
aluminum imports.
Alcoa
would consider boosting U.S. output if it had cheap supply of power, which its
Icelandic operations enjoyed, Oplinger said. Aluminum smelting consumes large
amounts of electricity.
Separately,
Oplinger said he believed that any end to the conflict between Ukraine and
Russia could see aluminum from Russia move into Europe.
Oplinger
also said he believed there were opportunities for the global aluminum market
to consolidate, without providing details.
Shares
of Alcoa fell 2.6% to $34.10 in Tuesday morning trading.
Connecting
the Dots:
Alcoa Inc. (Aluminum
Company of America (ALCOA) was a funder for the Bill, Hillary
& Chelsea Clinton Foundation.
Open Society Foundations was a funder for
the Bill, Hillary & Chelsea Clinton Foundation.
George Soros is the founder & chairman for the Open
Society Foundations and was the chairman for the Foundation to
Promote Open Society.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
Klaus
Kleinfeld is a trustee at the Brookings Institution (think
tank) and the chairman & CEO for Alcoa Inc. (Aluminum
Company of America (ALCOA)).
Michael G. Morris is
a director at Alcoa Inc. (Aluminum Company of America
(ALCOA) and was a trustee at the Committee for Economic Development.
Patricia F. Russo a
director at Alcoa Inc. (Aluminum Company of America (ALCOA)
and is a trustee at the Committee for Economic Development.
Joseph T. Gorman was
a director at Alcoa Inc. (Aluminum Company of America
(ALCOA) and a trustee at the Committee for Economic Development.
Foundation to Promote Open Society was a funder for the Committee
for Economic Development.
George Soros was the chairman
for the Foundation to Promote Open Society.
Donna S. Morea was
a trustee at the Committee for Economic Development and the
EVP for the CGI Group Inc.
CGI Group Inc. was
the Obamacare contractor that developed Healthcare.gov
web site.
Obamacare is Barack
Obama’s signature policy initiative.
Barack Obama’s
signature policy initiative is Obamacare and was an
intern at Sidley Austin LLP.
Michelle Obama was
a lawyer at Sidley Austin LLP.
Sidley Austin
LLP is the lobby firm for Bayer HealthCare.
Bayer HealthCare is
a subsidiary of Bayer AG.
Klaus Kleinfeld is a director at Bayer AG, the chairman
& CEO for Alcoa Inc. (Aluminum Company of America
(ALCOA)) and a trustee at the Brookings Institution (think
tank).
Foundation to Promote Open Society was a funder for
the Brookings Institution (think tank).
George Soros was the chairman for the Foundation to
Promote Open Society.
Cameron F. Kerry is
a fellow at the Brookings Institution (think tank), John F.
Kerry’s brother and a senior counsel at Sidley Austin LLP.
Sidley Austin
LLP is the lobby firm for Bayer HealthCare.
Michelle Obama was
a lawyer at Sidley Austin LLP.
Barack Obama was an
intern at Sidley Austin LLP and his signature policy initiative
is Obamacare.
Obamacare is Barack
Obama’s signature policy initiative.
CGI Group Inc. was
the Obamacare contractor that developed Healthcare.gov
web site.
Donna S. Morea was
the EVP for the CGI Group Inc. and a trustee at the Committee
for Economic Development.
Foundation to Promote Open Society was a funder
for the Committee for Economic Development.
George Soros was the chairman for the Foundation
to Promote Open Society.
Michael G. Morris was
a trustee at the Committee for Economic Development and is a
director at Alcoa Inc. (Aluminum Company of America (ALCOA).
Patricia F. Russo is
a trustee at the Committee for Economic Development and a
director at Alcoa Inc. (Aluminum Company of America (ALCOA).
Joseph T. Gorman was
a trustee at the Committee for Economic Development and a
director at Alcoa Inc. (Aluminum Company of America (ALCOA).
Foundation to Promote Open Society was a funder for the Committee
for Economic Development and the Brookings Institution (think
tank).
George Soros was the chairman for
the Foundation to Promote Open Society and is the founder &
chairman for the Open Society Foundations.
Open Society Foundations was a funder for
the Bill, Hillary & Chelsea Clinton Foundation.
Klaus
Kleinfeld is a trustee at the Brookings Institution (think
tank) and the chairman & CEO for Alcoa Inc. (Aluminum
Company of America (ALCOA)).
Alcoa Inc. (Aluminum
Company of America (ALCOA) was a funder for the Bill, Hillary
& Chelsea Clinton Foundation.
Resources:
Past Research
About
RFK Jr., Trump Health Secretary Pick (Connecting the Dots: The Aluminum Company
of America (ALCOA), HHS, COVID Vaccine Manufacturers, CDC, FDA, Children’s
Health Defense, Teresa Heinz Kerry, Pulitzer Prize, Bayer AG, Holocaust, The
Production of Zyklon B, a Chemical Used in Gas Chambers & Soros Funding,
All Networking) (Past Research on Klaus Kleinfeld &
ALCOA)
Saturday,
November 23, 2024
https://thesteadydrip.blogspot.com/2024/11/about-rfk-jr-trump-health-secretary.html
IG
Farben / Bayer / Pfizer / Israel (Past Research on Klaus Kleinfeld & Bayer)
Sunday,
September 19, 2021
https://thesteadydrip.blogspot.com/2021/09/ig-farben-bayer-pfizer-israel.html
Bayer
(Connecting the Dots: Bayer, Sidley Austin LLP, Pfizer Inc. (Covid Vaccine
Manufacturer), FDA, Johnson & Johnson (Covid Vaccine Manufacturer), Vaccine
Injuries & Soros Funding, All Networking) (Past
Research on Klaus Kleinfeld, Bayer, Zyklon B, the Holocaust & COVID)
Tuesday,
December 19, 2023
https://thesteadydrip.blogspot.com/2023/12/bayer-connecting-dots-bayer-sidley.html
Fluoride:
How A Toxic Poison Ended Up In Our Water Supply
Around
1945, local water treatment facilities began to add sodium fluoride to our
water supply.
The
first thing you should know is that the fluoride they put in our drinking water
is not a pharmaceutical grade additive.
It
is an industrial waste byproduct.
As
aluminum production increased in the
first half of the twentieth century, it became necessary to find somewhere to
put the fluoride. Manufacturers could no longer dump it into rivers or
landfills, because it was poisoning crops and making livestock sick. Francis
Frary, chief scientist for ALCOA, had an idea. He commissioned
Gerald Cox at the Mellon Institute, to conduct research regarding the benefits
of adding fluoride to the water supply. The Mellon Institute was frequently
hired by big business to produce research that supported their industries, and
for several decades they produced research showing that asbestos was safe and
did not cause cancer. Hmmm.
They also produced reports assuring everyone that fluoride was not toxic and would be beneficial to add to our drinking water for healthy teeth.
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