Share / Stock Market & IPO
Share / Stock Market & IPO
February 10, 2025 at 05:57 AM
*🔔 Trump to Announce 25% Steel, Aluminum Tariffs on Feb 10 🏗️* 📌 Key Highlights: 🔹 25% tariffs on all steel & aluminum imports 🌍 🔹 Reciprocal tariffs on nations taxing US goods coming soon 🔹 Unclear if Mexico & Canada are exempt ❓ 🔹Tariffs may hit US energy sector. Markets watching China-US trade talks ahead of Feb 10 🇺🇸 📊Economic Impact: 📈Higher costs for manufacturers 📉Possible consumer price hikes ⚠️Risk of trade tensions escalating 🏗️Steel Industry & US Steel Deal: 🔹Domestic steelmakers back tariffs 📢 🔹Japan’s Nippon Steel’s $14.1B US Steel deal stalled 🚧 🔹Trump: No majority stake for Nippon Steel in US Steel ❌

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