The Rio Tinto share $RIO (-0,51Â %) is in the spotlight as the mining group prepares for possible aluminum tariffs of 25 percent. CEO Jakob Stausholm is currently waiting to see whether US President Donald Trump actually carries out his threat. So far, Rio Tinto has not yet diverted any aluminum sales - so the situation remains exciting!
But what does this mean for investors? Around 17 percent of Rio Tinto's revenue comes from the USA, one of the largest aluminum importers in the world. Around 70 percent of the primary aluminum required comes from Canada, which makes the tariffs particularly explosive.
How do you assess the situation? Do you think the tariffs will go ahead or will Trump cave in again? đ€ Discuss with us!