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Trump's new steel tariffs benefit US producers like Cleveland-Cliffs, but the impact may be short-lived if tariffs are ...
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Shares of U.S. Steel just saw its third downgrade in the past week, but other companies may be in a weaker position.
We begin a year ago when the Biden administration in May of 2024 announced a 25 per cent tariff on Chinese steel and a 100 per cent tariff on electric vehicles to protect American jobs against China’s ...
Shares of Cleveland-Cliffs ( CLF 25.99%) have blasted roughly 26% higher as of 10:43 a.m. ET today. Shares of Steel Dynamics ...
President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S.
The rise in US steel and aluminium tariffs to 50% is the second time since March that Donald Trump has taken action to ...