Stocks in Action USA: Cleveland-Cliffs, Kymera Therapeutics, Blueprint Medicines
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Trump's new tariffs send US steel stocks like Steel Dynamics (STLD) soaring! The stocks of American steel manufacturers are experiencing a significant surge at the start of the week, following President Donald Trump's surprising announcement in Pennsylvania to double import tariffs on foreign steel from 25% to 50%. This measure aims to strengthen the domestic steel industry – the US has traditionally been a net importer of steel. The stock market reaction was swift: stocks of Cleveland-Cliffs, Steel Dynamics, Nucor recorded significant gains....
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