Saturday, June 2, 2018

Barrons: Tariffs Won’t Dent Steelmakers

By SIMON CONSTABLE

In boxing it’s considered unsporting to kick your opponent when he’s down. Apparently, not so in international trade.

Soon after last week’s Italian-inspired market wobbles, President Trump decided to pile on. As of Friday, imports of European-made steel and aluminum are subject to tariffs of 25% and 10% respectively. Read more here.

Steel tubing

Photo by Christophe Dion on Unsplash



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