Aluminum prices: the Ford F-150 will cost $ 1,500 more

Because of the 25%prices, the Ford F-150 truck will cost at least $ 1,500 in the United States due to aluminum in the vehicle, which is produced by Rio Tinto in Saguenay.

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By imposing rates on aluminum, the Americans hurt themselves, but also all lovers of large trucks, who will have to pay more because of the aluminum required in their construction.

This is said of Jean Simard, President and CEO of the Association of Canada aluminum, at the microphone of Patrick Lagacé at 98.5 FM.

“The Ford F-150, it is made with aluminum that comes from Saguenay. The aluminum component in the Ford 150 will increase the cost of the van about $ 1,500 and when we are going to buy the van we will pay a sales tax in the United States, which will include, among other things, the $ 1,500 of surcharge on aluminum, “he said.

“Then, we did not talk about steel. There, then, it is hyperinflationist and it will ensure that their products will be less and less competitive, “he added, stressing that” prices in general have no meaning. “

Few impacts on jobs

The prices imposed by Donald Trump on steel and aluminum will however have few impacts on jobs in Quebec in the eight major alumina factors in Quebec, said Jean Simard.

“These jobs are not affected because the metal produced will always find takers from the American market and could find takers in the European market or elsewhere in the world because demand for aluminum is constantly growing,” he explained.

“Our metal, which represents 60% of what enters the United States in importation, is absolutely required to make the transformations they need to make cars, planes, household appliances and so on. So these jobs will always be there. ”