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Companies Lower Outlook: Are They Using Tariffs as a Smokescreen?

Companies Lower Outlook: Are They Using Tariffs as a Smokescreen?

The second-quarter earnings season is in full swing. Along with watching Q2 results, markets have been closely following different companies’ views on US-China trade tension, which has led to US steel prices and physical aluminum premiums spiking due to Section 232 tariffs and China imposing tariffs on US imports such as agricultural products and automobiles.