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Cleveland works in a steel mill in Cleveland, Ohio, 2024 in 2024, Ohio, Ohio, Ohio.
Dustin Franz | Bloomberg | Getty pictures
After the President Donald Trump’s tariffs closed to the metal, large steel reserves jumped on Monday.
Shares of mining company Cleveland about 22% of the announcement appeared Steel dynamics Jumped over 13% and Nucor Were more than 12%. This Vaneck Steel ETF (SLS) Increased by more than 3%.
Trump said on Friday at Pennsylvania rally would be double tariffs in steel imports Up to 50% to 50%, criticized the trading tension again and criticized the global partners.
“We will apply a 25% increase. We will increase it from 25% to 50% – the tariffs in the United States, which will provide the steel industry in the United States,”
Steel Shares Curco
Europe responded to higher tariffs that the Trump’s efforts to resolve the Trump’s “efforts to resolve the negotiations” and “(EU) are ready to apply.”
Trump on Friday also appreciated the “blockbuster agreement” between the US steel and Japanese steel giant Nippon steel.
O had promised The US steel is “managed by the United States” and during a rally for any withdrawal. However, Trump, previously said that the partnership will create at least 70,000 jobs in the US economy, called the unification of the unification.
