The doubling of steel and aluminum import tariffs to 50% by Donald Trump has caused serious worries regarding growing worldwide trade friction. Like India, nations selling steel to the United States are anticipated to suffer severe economic losses, lower competitiveness, and challenging trade talks. Asian steel company stock fell right after the news, reflecting investor concern about lower demand and more trade barriers.
Although meant to help American steelworkers, rising steel prices are expected to cause costs for home sectors like construction and automotive manufacturing. The great rise lacks economic justification and contradicts worldwide decarbonization initiatives, suggesting a favoring of economic nationalism over environmental issues.
Including impeding trade discussions, raising the risk of reprisal tariffs, and adding to world business uncertainty, this action has broad effects. Expected to disturb global supply networks, strain diplomatic relations, and result in possible legal difficulties, Trump's protectionist trade policy.


Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
FxWirePro- Major Crypto levels and bias summary
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Thailand Inflation Remains Negative for 10th Straight Month in January
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 



