The U.S. already imposed tariffs on some Chinese products of up to 100%. Add that to the 145% in new tariffs and some products face 245% tariffs.
This move follows a series of actions taken by President Donald Trump, who imposed reciprocal tariffs on several countries with which the US had a trade deficit.
Century Aluminum surged 245% in the past year, far outpacing peers and benchmarks. ・Steel Dynamics and Nucor rose 48% and 45%, beating the S&P 500 and Nasdaq. ・Cleveland-Cliffs gained just 2%, even as ...