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S&P 500 Gains and Losses Today: Nucor Stock Falls as US, Mexico Negotiate on Steel Tariffs
Key Takeaways The S&P 500 slipped 0.3% on Wednesday, June 11, as investors weighed softer-than-expected inflation data and progress on U.S.-China trade talks.Shares of Nucor and other steelmakers lost ground following reports that the U.
Trump's 50% steel and aluminum tariffs take effect today. Here's what could get more expensive.
The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.
The Architect’s Newspaper12h
White House raises steel and aluminum tariffs to 50 percent
Last week, the Trump Administration enforced new levies against steel and aluminum imports, doubling the existing 25 percent tariff. These high duties join similar taxes on other essential construction materials such as lumber and timber,
How Steel Tariffs Will Hit the Canned Foods Aisle
The Trump administration’s new 50% duty on imported steel could increase store prices for items in steel cans by 9% to 15%, according to the Consumer Brands Association,
Trump Says He Will Double Steel Tariffs From 25% to 50%
President Trump was speaking at a steel plant in West Mifflin, Pa. to celebrate the deal between Japanese-owned Nippon and U.S. Steel.
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Trump Doubles Tariffs on Steel and Aluminum Imports, Raising Fears for Higher Construction Costs—as Homebuilders Share Bleak Outlook
Tariffs imposed by the Trump administration on imported steel and aluminum increased from 25% to 50%, intensifying uncertainty among homebuilders.
The Canned-Food Aisle Is Getting Squeezed by Rising Steel Tariffs
The steel used in cans is mostly imported—and subject to the Trump administration’s new 50% levy.
Construction Dive11h
Mass timber provides options amid steel tariffs: Timberlab CEO
Chris Evans, president of the Swinerton-owned supplier and contractor, is eyeing opportunities in this uncertain economy.
Higher U.S. Tariffs on Steel and Aluminum Imports Take Effect
President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S. industry.
Trump doubles steel tariffs; what does it mean for ports in Delaware and Philadelphia?
Trump's increased steel tariff could lead to you paying more for appliances and cars, while impacting ports in Philadelphia and Wilmington.
Canada Eyeing Further Moves to Counter Foreign Steel Dumping
Canadian Industry Minister Melanie Joly said the government will soon announce measures to clamp down on steel dumping from foreign countries and help domestic manufacturers hit by punishing US tariffs.
How Higher Tariffs on Steel and Aluminum Will Affect Companies
Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.
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