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Trump's steel tariffs set to hurt US consumers

US government set to win additional tax revenues

Jacqueline Holman
Imports are expected to continue to make up around a third of annual finished steel consumption in the US

Imports are expected to continue to make up around a third of annual finished steel consumption in the US

S&P Global Market Intelligence said there would be a price response to the move, with US consumers of foreign steel likely losing tax revenue to its government. "As a first impression, the move is alarming....

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