When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
X - The American Steel Boom Will Come To A Political End
United States Steel Corporation
This is not about whether there should be tariffs upon steel imports or there should not. It's about the effects of tariffs and what is then going to happen.
The steel tariffs have, as they're designed to do, divorced the American steel price from the global one. However, prices have diverged so far that it's not sustainable.
At some point, the tariffs are going to be lifted - and that will be the end of the boom for the American steel companies.