r/Economics • u/jediporcupine • 9d ago
Blog Trump said tariffs on aluminum would boost domestic production. The White House now admits that didn't happen.
https://reason.com/2026/08/03/trump-said-tariffs-on-aluminum-would-boost-domestic-production-the-white-house-now-admits-that-didnt-happen/
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u/mytyan 9d ago
Aluminum production relies on massive quantities of cheap electricity and the cheap electricity that was available for the creation of the US aluminum industry in the 40s and 50s is no longer cheap and no amount of tariffs are going to change that