50% tariffs: Trump draws the line in steel
Foreign producers "can no longer get over the fence"...
Hey there,
Trump just announced steel tariffs are doubling from 25% to 50% starting June 4th.
He said foreign producers could "sort of get over that fence" at 25%, but at 50% "they can no longer get over the fence." Access full story here.
-Christopher
P.S. Steel stocks rallied across the board with Nucor and Steel Dynamics each climbing 10%. You really need to read this before it's too late.