03:37 PM EDT, 09/23/2025 (MT Newswires) -- Alcoa ( AA ) Chief Executive Officer Bill Oplinger said that US import tariffs on aluminum are eroding metal demand, Bloomberg reported Tuesday, citing an interview with the CEO on Monday.

"It's hard to envision a situation where aluminum is systematically 50% more in the US without some type of demand destruction," Oplinger said, according to the report.

Alcoa ( AA ) faces an annual tariff expense of about $850 million, the CEO said, according to the report.

Alcoa ( AA ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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