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06 Mar
18:54

232 - limited impact on global steel says Fitch

Fitch Ratings tells Kallanish that the Trump administration’s plan to impose tariffs on steel will increase trade risks but that the impact on the global steel sector will be limited. The measures, currently mooted as a 25% blanket tariff, could heighten risks to global growth should it result in retaliatory measures that lead to broader trade disruption and higher consumer goods prices, the analyst says. The direct effect of the tariffs on steel export…
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