Steel

At the NLMK Indiana steel mill, a scene unfolds that is almost mesmerizing; a brilliant dance of light and metal as workers keep a vigilant eye on the steel, melting in an electric arc furnace at a scorching 3,000 degrees Fahrenheit (1,649°C). It's an industrial ballet, unfolding quietly but with relentless fervor. Yet, how will the international trading stage change with the US steel narrative shifting so dramatically? In his bold stride to reconfigure a purportedly inequitable global trade system, President…

In a striking development, U.S. President Donald Trump recently announced plans to impose an additional 25% tariff on all steel and aluminum imports, building upon the existing metal duties already in effect. This decision marks yet another chapter in his ongoing trade policy revisions that have some analysts scratching their heads. While en route to the NFL Super Bowl in New Orleans, Mr. Trump shared this news with reporters aboard Air Force One. He indicated that he would detail these new metals tariffs shortly, perhaps…