US Steel, Nucor, Steel Dynamics Expected To Benefit As Trump Formalizes Tariffs, Says Morgan Stanley: Retail Sentiment Soars

Asianet Newsable

Asianet Newsable

Summary

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Several of the United States’ main trading partners have condemned President Donald Trump’s decision to hike tariff rates on all steel and aluminium imports starting next month.
Aljazeera
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The moves align with the Trump administration's aggressive global trade agenda and ambitions to strengthen U.S. industry, but they could have an inverse effect.
The Independent
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Asked whether France and the European Union would retaliate against the measures announced by Trump, Barrot said: "Of course. It's not a surprise. This is already what Donald Trump did in 2018" (during his first term as president).
The Manila Times
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The end of the one-cent coin looks to be approaching a reality in the United States now that President Donald Trump has announced he is moving forward with the plan to end the “penny” due to its increasing cost burden on taxpayers.
Newsmax

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