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Why are the new tariffs causing U.S. domestic steel producers' stock prices to fall?
Asked by LuckyGuy (43698)
August 30th, 2018
I thought tariffs were supposed to help domestic steel producers.
Please see the attached charts of a couple of steel producers:
United States Steel – X
Schnitzer Steel Industries – SCHN
With all this tariff “protection” shouldn’t they be going up? Why are their share prices falling?
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