💨 Abstract

President Donald Trump is expected to announce new 25% tariffs on all steel and aluminum imports into the US on Monday, escalating his trade policy shake-up. This move could lead to a trade war, with the EU considering retaliation. Shares in US steel and aluminum makers have risen, but shares in European and Asian steelmakers have fallen. Canada, a major supplier of aluminum to the US, could be affected.

Courtesy: theprint.in

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