Commerce Secretary Howard Lutnick: Aluminum is coming back to America

Fox Business | July 28, 2026 at 09:45 AM UTC
Bullish 75% Confidence
Watch on YouTube

Key Points

  • Century Aluminum in Goose Creek, SC, has expanded its production from 50% to 100% capacity, increasing America's aluminum production by 10%.
  • Commerce Secretary Howard Lutnick attributes this growth to President Trump's pro-America trade policies, stating that tariffs protect against foreign governments subsidizing aluminum production.
  • A new policy offers a reduction in tariffs from 50% to 25% for producers who commit to investing in domestic production of aluminum and steel.

AI Summary

The video discusses how tariffs under the Trump administration are powering aluminum production in the U.S., specifically highlighting Century Aluminum's expansion in South Carolina. Commerce Secretary Howard Lutnick explains that tariffs are bringing manufacturing back to America by combating foreign government subsidies and incentivizing domestic investment.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bullish 75%
Consensus Bullish 75%