Trump says no exemptions on steel and aluminum tariffs
Portfolio Pulse from
President Trump has confirmed that steel and aluminum tariffs will be implemented on April 2 without any country-specific exemptions. This signals a hardline trade stance that could potentially escalate international trade tensions and impact global economic relationships.
March 18, 2025 | 11:30 am
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NEGATIVE IMPACT
Industrial ETF may experience volatility due to potential increased production costs and trade friction
Tariffs will likely increase production costs for industrial manufacturers, potentially reducing profit margins and creating market uncertainty
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70