Alcoa falls on  forecasting $90 million tariff hit in Q2

Aluminum producer Alcoa's AA.N shares drop almost 3% to $24.35 in early trading after co forecasts $90 million tariff hit in Q2

Current U.S. duties levied on aluminum imports stand at 25%

Canadian imports cost almost $20 million in Q1, co says

Shares rose in post-market trading on Wednesday after Q1 profit beat

Co said it sources some input materials from Chinese suppliers and expects the current tariffs to hike annual costs by $10 million to $15 million with "no suitable replacement suppliers"

Up to last close, Alcoa shares recovered 16.4% from an over 4-year low of $21.5 hit last week

Of last close, stock down 33.6% YTD