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Ford petitioned the Trump administration for assistance, asking for relief from duties.
The U.S. government has rejected Ford's request for aluminum tariff relief after Novelis plant fires.
KEY POINTS
- Novelis' Oswego plant, key for Ford's F-150, has been offline since two fires last year.
- Imported aluminum used to compensate for lost production faces a 50% U.S. tariff.
- Ford's quarterly profit fell about 50%, partly due to supply constraints from the Novelis outage.
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