Trump, steel and DOUBLING TARIFFS
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By Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK (Reuters) - Wall Street's main indexes were mixed on Monday after President Donald Trump said he plans to double tariffs on imported steel and aluminum,
China responded to President Trump on Monday, accusing the US of violating their trade agreement and vowing to protect its interests. “If the US insists on its own way and continues to damage China’s interests,
Fetterman continued to distance himself from his party at an event celebrating bipartisanship.
4hon MSN
Key TakeawaysThe S&P 500 added 0.4% on Monday, June 2, with steel tariffs and trade with China in the spotlight as markets entered the final month of the year's opening half.Comments by President Donald Trump about doubling tariffs on imported steel helped boost steelmakers' stocks,
President Donald Trump’s plan to hike tariffs on steel and aluminum starting Wednesday raises the stakes for negotiations this week with the United Kingdom.
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The impact from U.S. President Donald Trump's plan to increase tariffs on steel and aluminium products is likely to be "minor" as India does not export steel to the U.S. "in a big way", federal steel minister HD Kumaraswamy said on Monday.
Asia stock markets trade in red on Monday, followed President Trump's announcement on Friday of plans to raise steel import tariffs from 25% to 50%, effective Wednesday, framing it as a step to reduce reliance on China.