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Trump Trade War - Hydro sees negative impact

Metal News - Published on Mon, 12 Mar 2018

Image Source: SteelGuru
Reuters reported that Norwegian aluminium-maker Norsk Hydro ASA expects to see a negative impact from the US decision to impose import tariffs. The report quoted Mr Oeyvind Breivik a company spokesman as saying that “The introduction of unilateral trade barriers such as quotas and tariffs will negatively effect Hydro and may distort normal trade.”

Mr Breivik added that “There is some uncertainty over which countries can or will be exempted from the barriers, so the concrete effects for Hydro are somewhat uncertain.”

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Posted By : Rabi Wangkhem on Mon, 12 Mar 2018
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