A small cohort of global steel producers has emerged as unlikely winners from Donald Trump’s sweeping import tariffs, as the US president expands his trade war in an attempt to protect US manufacturing industries.
US steel prices have soared since Trump floated the prospect of a 25 per cent tax on imports of steel — a key component for the auto, construction and packaging industries — from all trading partners.
The tariffs came into force on Wednesday, although Trump retreated from a briefly touted proposals for an additional 25 per cent tariff on steel and aluminium imports from Canada.
您已阅读13%（592字），剩余87%（3956字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。