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Trump's Tariff Tsunami: Impact On Steel and Aluminum Industries
In a bold move, President Donald Trump increased tariffs on imported steel and aluminum from 25% to 50%, aiming to strengthen U.S. industry. This tariff hike drew swift criticism from Canada and boosted stock prices for steel companies.
Shares of U.S. Steel just saw its third downgrade in the past week, but other companies may be in a weaker position.
On May 26, an analyst from Morgan Stanley reiterated his cautious stance on United States Steel Corp. (NYSE:X) with an ...
U.S. Steel gained about 2% on Tuesday to close at $53.04 per share. The stock ... about the impact" of Trump's announcement "without more information." "Our concern remains that Nippon, a ...
President Donald Trump posted on social media Friday that U.S. Steel will remain in the United States with a partnership with ...
USS has languished for decades, weighed down by obscene tax and regulatory burdens, failed union leadership, and unfair trade ...
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