According to @PhilipKBell for @PittsburghPG, one of President Donald Trump’s most impactful moves during his first term was applying 25% tariffs on nearly all steel imports, which led to a revival in the American steel industry.

According to The Kobeissi Letter, the S&P 500 experienced a significant decline as President Trump announced impending 25% tariffs on the European Union. This announcement has created apprehension among traders, potentially affecting market stability and influencing trading strategies focused on equities sensitive to international trade relations.