Economy

“Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers”

“U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel and aluminum.

Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. “At the start, this could damage [U.S.] demand,” CRU analyst James Campbell told CNBC. “In the longer term, we can see investment coming through.”

Those expected to be hit hardest by the duties include Canada and Mexico, Germany and Asian exporters…”

https://www.cnbc.com/2025/02/10/global-winners-and-losers-of-trumps-steel-and-aluminium-tariffs.html

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