TOKYO — An executive at global mining giant Rio Tinto has cast doubt on whether U.S. President Donald Trump’s tariff policies will repatriate production of aluminum, a metal deemed strategically critical by Washington.
Trump wants to bring back manufacturing of everything from cars to steel to the U.S. using tariffs, including a 25% levy on all imports of aluminum. But the conditions for smelting the metal are “not good” in the U.S., Jerome Pecresse, chief executive of Rio Tinto’s aluminum business, told Nikkei Asia.
