President Donald Trump on Tuesday backed off a 50% tariff on imports of Canadian steel and aluminum, ratcheting down a threat against a major U.S. trading partner on another day of whiplash for U.S. stocks.
Within hours of his declaration via social media to impose a double tariff of 50% on Canadian steel and aluminum, US President Donald Trump has capitulated to pressures from both the market and within his cabinet, floating the suggestion that he may pi…
President Donald Trump said Tuesday that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States’ northern neighbor and standing unmoved by recent stock market turmoil an…
President Donald Trump escalated his trade war against Canada, imposing new duties on steel and aluminum.
Small manufacturers in the U.S. will likely be hurt by resulting cost increases. The president is unmoved.
Apple (AAPL) stock is following the Dow Jones Industrial Average (DJIA) lower on Tuesday after US President Donald Trump added an additional 25% tariff to imports of Canadian steel and aluminum.
GBP/USD climbs above 1.2920 as trade war fears weaken USD The Pound Sterling extended its gains versus the US Dollar on Tuesday as the latter continued to plunge, due controversial trade policies by US President Donald Trump, adding an additional 25% i…
President Donald Trump increased tariffs on steel and aluminum coming from Canada by 25% and said he’d declare a national emergency over electricity.
The Pound Sterling extended its gains versus the US Dollar on Tuesday as the latter continued to plunge, due controversial trade policies by US President Donald Trump, adding an additional 25% in aluminum and steel imports from Canada, as the latter ap…
The US President Donald Trump revealed on this Truth Social account that he is imposing an additional 25% tariff, to 50% on aluminum and steel imports from Canada to the US.
U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effect
https://www.cnbc.com/2025/03/11/trump-raises-canadian-steel-aluminum-tariffs-to-50percent-in-retaliation-for-ontario-energy-duties.html President Donald Trump said he has ordered his administration to raise tariffs on Canadian steel and aluminum import…
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, breaking to lower levels not seen since October 2024. The index trades above 103.40 at the time of writing on Tuesday just minutes United State…
Chris Wright says ‘once mighty’ British steel and chemicals industries have been displaced to Asia
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.
US Commerce Secretary Howard Lutnick said late Sunday that the 25% tariffs on steel and aluminum imports, set to take effect on Wednesday, are unlikely to be postponed, per Bloomberg.
The USS Olympia is best known for winning the Battle of Manila Bay and for transporting a service member’s remains to the Tomb of the Unknown Soldier.
Nucor (NUE) concluded the recent trading session at $131.99, signifying a -0.38% move from its prior day’s close.
Allegheny Technologies (ATI) closed at $57.24 in the latest trading session, marking a -1.05% move from the prior day.
In the most recent trading session, Steel Dynamics (STLD) closed at $127.72, indicating a +1.07% shift from the previous trading day.
MT vs. X: Which Stock Is the Better Value Option?
Move raises fear that commodity will be next to be targeted for tariffs after levies on steel and aluminium
Sticks that could benefit from tariffs I’ve been thinking of stocks that could benefit from the tariffs. X is the first one. Then there is IPI. I’m not aware of any of the goods these companies use come in from Mexico. I know MOS is another one. Farmer…
Metallus (MTUS) delivered earnings and revenue surprises of -900% and 1.72%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
The latest trading day saw Steel Dynamics (STLD) settling at $133.48, representing no change from its previous close.
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