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"The global automotive aluminum market size is expected to reach USD 60.58 billion by 2025. It is projected to register a CAGR of 8.7% during the forecast period. Rising emission standards and concerns regarding environment protection are triggering the growth. In August 2018, as per the new agreement between U.S, Mexico, and Canada, around 75% parts of cars or trucks must be manufactured in these three countries to qualify for zero tariffs. North American Free Trade Agreement (NAFTA) announced that the cars and trucks need to achieve the 54.5 mpg fuel efficiency by 2025. These government initiatives are focused on facilitating the auto manufacturers to reduce the weight of the car body by 25%. The major aluminum forms used in the automotive industry are castings, rolled products, extruded products, and stampings. Aluminum coupled with copper, manganese, or silicon is used in the automotive industry to manufacture components with high strength. The benefits such as light weight, high strength, and lower emission are expected to encourage car manufacturers to choose aluminum as a material of choice."

Trump announced plans to withdraw the US from the Trans-Pacific Partnership and renegotiate the North American Free Trade Agreement, which analysts believe could have profound effects on the automotive industry.

The American Manufacturing Sector Has Moved From 4th in the World in 2010 to 2nd in the World. Why? The Manufacturer's Organization Says It Is for 2 Reasons: 1- NAFTA and Other Trade Agreements Have Really Boosted Manufacturing Exports. (They Note Mexico and Canada Have Also Climbed the List.) 2- Companies Like This One Have Invested Heavily in Upgrades and Are Now World-Leading, Award-Winning Manufacturers.