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Investing.com -- Shares of Century Aluminum Company (NASDAQ: CENX ) climbed 9% on Tuesday, building on a 10% rise from Monday, following the implementation of a 25% tariff on primary aluminum imports into the United States by President Trump.

The tariff, which aims to close loopholes in existing measures that allowed a significant portion of imports to avoid duties, has been welcomed by Century Aluminum. The company's CEO, Jesse Gary, expressed strong support for the action, stating it will protect American jobs and national security by leveling the playing field for domestic aluminum producers.

The market's positive response to the new tariff regime comes as Century Aluminum, the largest primary aluminum producer in the U.S., anticipates a more competitive environment for its products. Wolfe Research analyst Timna Tanners emphasized the significance of the tariffs for the company, saying they "benefit CENX most."

The executive order's intent to fortify Section 232 tariffs and target unfair trade practices is seen as a direct move to bolster the U.S. primary aluminum industry, which has faced challenges from global competitors. By imposing a uniform tariff on all foreign primary aluminum, the U.S. government aims to revive domestic production and safeguard the industry's workforce.

Investors have reacted favorably to the news, as the tariff announcement is expected to enhance Century Aluminum's market position. The company's endorsement of the policy reflects its potential to stimulate the resurgence of aluminum production in the United States.

As the markets continue to assess the long-term implications of this policy shift for the metals sector, Century Aluminum's stock performance signals investor confidence in the company's prospects amidst the changing trade landscape.

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