Miner Teck plans to sell to Asia to avoid US tariffs By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2025
0mins
Source: Investing.com
Teck's Strategic Shift: Canadian miner Teck is planning to sell zinc to Asia instead of the U.S. to avoid tariffs imposed by the Trump administration, with CEO Jonathan Price stating they are reserving warehousing and port space for this transition.
Impact of Tariffs: The 25% tariffs on imports from Canada and Mexico are expected to increase commodity costs and inflation in the U.S., affecting companies like Vale Base Metals, which are also seeking solutions to adapt to these trade challenges.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
