SG Talk

Full Version: Any steel coming into the United States is going to have a 25% tariff
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
In response, Doug Ford, the premier of the province of Ontario, accused Trump of "shifting goalposts and constant chaos, putting our economy at risk" in an online post. Canada's steel production is concentrated in Ontario.

Trump's comments also caused the stocks of major South Korean steel and car makers to fall. South Korea is a major exporter of steel to the US.

Shares of steel firm POSCO holdings dropped as much as 3.6%, while those of Hyundai Steel were down as much as 2.9%.

https://www.bbc.com/news/articles/c98yv3e1yyqo