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U.S. aluminum and steel prices surge

ABC News on MSN · 15h

Trump's hike of steel and aluminum tariffs could raise these prices

In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Jason Miller, a professor of supply chain management at Michigan State University, previously told ABC News, citing a monthly government data release.

Bloomberg on MSN · 11h

US Aluminum and Steel Prices Surge as Trump Doubles Tariffs

Futures tracking aluminum and steel prices in the US surged after President Donald Trump said he will double tariffs on the metals this week.Contracts linked to the prices that manufacturers pay to get aluminum delivered to the US Midwest jumped 54% to the highest since 2013 on the Comex exchange in New York on Monday — offering an early glimpse of the much higher costs for American factories,

Reuters on MSN · 11h

US aluminium, steel prices jump, shares drop on Trump's new tariffs

U.S. prices of steel and aluminium spiked on Monday while shares of foreign steelmakers slumped after U.S. President Donald Trump said he would double tariffs on imports of the two metals to 50%.

Indianapolis Business Journal15h

Aluminum and steel prices surge after Trump says he’ll double tariffs

President Trump hopes the increased levies will protect margins for domestic mills and spur investment in new production ...

2don MSN

Trump Explains Reasoning Behind Doubling Steel, Aluminum Tariffs—But Critics Issue Warnings Over ‘Reckless’ Move

Experts, lawmakers, and industry people—alongside Canadian officials—have issued stark warnings about Trump's plan.

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