U.S. aluminum, steel prices jump while shares drop on Trump’s 50% tariff announcement

theglobeandmail.com/business/article-us-aluminum-steel-prices-jump-while-shares-drop-on-trumps-50-tariff

U.S. prices of steel and aluminum spiked on Monday while shares of foreign steelmakers slumped after U.S. President Donald Trump said he would double tariffs on imports of the two metals to 50 per cent.
Trump announced on Friday the new steel and aluminum levies, which take effect on…

This story appeared on theglobeandmail.com, 2025-06-02 15:22:13.
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