Trump’s New Tariffs on Steel & Aluminum: Market Reactions & Implications

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  Posted by John Deo Feb 10 - Filed in General - #financialmodelingprep  - 11 views
  

  U.S. President Donald Trump has announced new 25% tariffs on all steel and aluminum imports, escalating concerns over a global trade war. This move follows existing metal duties and raises the possibility of retaliatory measures from other countries.

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  Market Reactions

  \ud83d\udd39 Asian steelmaker stocks fell, except for those with U.S. operations.
  \ud83d\udd39 The U.S. dollar strengthened, while Treasury yields edged higher.
  \ud83d\udd39 Investors fear increased volatility, especially if China or other nations retaliate.

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  Expert Opinions on the Tariff Impact

  \ud83d\udcac Vasu Menon (OCBC, Singapore)

  • The move could be a negotiation tactic, but if enforced, it hurts U.S. manufacturers reliant on Canadian & Mexican steel.
  • Investors should brace for volatility as the trade war escalates.

  \ud83d\udcac Kyle Rodda (Capital.com, Melbourne)

  • Short-term: Inflationary pressure due to costlier imports.
  • Long-term: A drag on economic growth as trade tensions escalate.
  • If China retaliates, markets could see a downturn.

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  Investment Strategy in a Volatile Market

  Investors should monitor economic indicators and sector performance amid escalating trade tensions.

  For real-time insights, check:
  \ud83d\udccc Market Most Active API
  \ud83d\udccc Economics Calendar API