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--- 0_public:geography_and_regions:united_states [2025/02/10 21:19] – pointnm
+++ 0_public:geography_and_regions:united_states [2025/03/06 23:27] (current) – pointnm
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 ====== United States ======
-The US imports significant volumes of aluminium and steel from Canada.((https://archive.ph/Cx3nu#selection-1103.139-1103.209)) ((2025))
+Producers need, on average, a $64/bbl price level to drill a new well profitably, according to the Dallas Federal Reserve Energy Survey.((https://archive.ph/5RQcG#selection-1099.338-1099.474)) ((2025))
+<wrap hi>The US imports substantial amounts of aluminium and steel from Canada. Approximately half of the US's aluminium requirements are sourced internationally, with Canada being the largest supplier, contributing 58% of these imports. The United Arab Emirates follows, providing 6%</wrap>, according to US government data. <wrap hi>The US also relies on Mexico and Canada for around 90% of its aluminium scrap imports. Meanwhile, around 23% of steel imports into the US arrive from Canada, followed by Brazil at 16%, Mexico at 12% and South Korea at 10%.</wrap>((https://archive.ph/KOs85#selection-1111.0-1114.0)) ((2025))
+LME aluminium was steady this morning after Trump announced plans to impose 25% tariffs on all imports of steel and aluminium into the US. The US imports significant volumes of aluminium and steel from Canada. In 2023, net US aluminium imports were 44% of its total consumption, with Canada the biggest supplier, accounting for 56% of imports. Meanwhile, around 30% of steel imports into the US arrived from Canada. Only last week, Trump delayed plans to hit Canada and Mexico with general import duties of 25%.((https://archive.ph/Cx3nu#selection-1103.0-1106.0https://archive.ph/Cx3nu#selection-1103.0-1106.0)) ((2025))
   * <wrap hi>the largest producer and consumer of crude oil</wrap>.((https://archive.ph/rBNyM#selection-8105.0-8108.0)) ((https://archive.ph/Yg3N1#selection-8091.0-8091.53)) ((2024))