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US Steel Stocks in Line of Fire as Trump Takes on China

US Steel Stocks in Line of Fire as Trump Takes on China

President Trump has hardened his stance on trade issues, threatening tariffs on billions of dollars of Chinese goods. Meanwhile, despite Trump’s efforts to protect US steel and aluminum producers, markets haven’t warmed up to these sectors. U.S. Steel Corporation (X), AK Steel (AKS), Century Aluminum (CENX), and Alcoa (AA) are trading with year-to-date losses.