The tariffs will allow U.S. steel stocks like NUE, STLD, CLF and X to capitalize on higher prices and reduced competition against cheaper imported steel.
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Investor's Business Daily on MSNTrump Tariffs: Canada Backs Down; 25% Steel, Aluminum Tariffs Are A Go; S&P 500 SlidesP resident Trump successfully defused a retaliatory action by Ontario on Tuesday with his threat to unload all his heavy tariff ammunition against Canada, including 50% tariffs on ...
Steel prices surged 36% due to tariffs, but real demand hasn't changed. JPMorgan warns of potential de-stocking & recession ...
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