Trump, steel and tariffs
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Wall Street's main indexes were mixed on Monday after President Donald Trump said he plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade policies. Trump said late on Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25% starting Wednesday,
John Fetterman (D-Pennsylvania) continued to distance himself from his fellow Democrats on Monday, telling an audience that he has lost support from liberals for his belief that border security is important and his support for Israel.
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,
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,
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.
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.