Trump Steel Tariff Hike Drives Metal Market Surge

SLIGHTLY 60% 40% Monday, June 2, 2025, 9:22 am

In a bold move shaking the financial markets, President Trump doubled steel tariffs, propelling U.S. aluminum and steel prices upward and sending stocks surging. The sharp tariff increase has prompted investors to brace for a rollercoaster of mixed impacts domestically and overseas, fueling both optimism and concern.

foxnews.com / Treasury Secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low

foxbusiness.com / Commerce Secretary Lutnick outlines fast pace for U.S.-India trade talks under Trump’s tariff approach

nypost.com / Trump’s art of the steel deal, Don’s sensible national-park cuts and other commentary

nypost.com / Steel stocks leap after Trump vows to double tariffs to 50%, make Pittsburgh ‘the Steel City again’

cnbc.com / Trump's 50% steel tariff could see prices tank in Europe — and soar in the U.S.

cnbc.com / Steel stocks surge after Trump doubles steel tariffs, Cleveland Cliffs jumps 25%

bloomberg.com / US Aluminum and Steel Prices Surge as Trump Doubles Tariffs - Bloomberg.com

permalink / 7 stories from sources in 3 days ago #trump #trade #market #tariffs

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