Alcoa(US:AA) 智通财经网·2025-09-24 02:10Core Viewpoint - The CEO of Alcoa Corporation warns that import tariffs will severely impact U.S. aluminum demand, contradicting the Trump administration's claim that tariffs will revitalize domestic industries [1] Group 1: Impact of Tariffs - The 50% tariff on imported aluminum has led to a significant increase in domestic aluminum prices, with Alcoa estimating an annual tariff cost of approximately $850 million [1] - The CEO emphasizes that it is difficult to imagine demand not being affected when U.S. aluminum prices are systematically 50% higher than global prices [1] Group 2: Market Dynamics - Prior to the tariffs, buyers stockpiled aluminum, but now inventories are depleted, leading to a shift towards imports from Canada and other regions [2] - Despite strong order volumes for U.S. aluminum, the long-term outlook is concerning due to rising costs in construction and manufacturing, which could lead to inflation and reduced market demand [2] Group 3: Stock Performance - Alcoa's stock has declined over 17% this year, reflecting the weak demand for U.S. aluminum, which is being further impacted by a significant drop in exports and reduced industrial usage [2]