Stocks to Watch as Trump Announces 25% Tariffs on Steel & Aluminum
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President Trump has announced a 25% tariff on imported steel and aluminum products, which could impact various stocks in the steel and aluminum sectors.
February 11, 2025 | 1:45 am
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Alcoa Corporation (AA), a major player in the aluminum industry, may experience increased demand for its domestic aluminum products due to the 25% tariff on imports.
The 25% tariff on imported aluminum is likely to make domestic aluminum more competitive, potentially increasing demand for Alcoa's products. This could positively impact Alcoa's stock price in the short term.
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