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Winners and world losers of Trump’s steel and aluminum rates


An employee is in a short oven. In November, Thyssenkrupp Steel announced that the number of jobs in the steel sector would be reduced by 11,000 to 16,000 in six years.

Image Alliance | Image Alliance | Getty images

The president of the United States, Donald Trump, on Sunday He said to journalists which planned to announce new rates of 25% on Monday, aimed at steel and aluminum imports.

The proposed taxes would be additional to existing tasks. A timeline for implementation at this time was not specified.

The two metals are vital components in various industries, including transport, construction and packaging.

Here is a look at the largest winners and potential losers if Trump continues with their 25%steel and aluminum tariffs.

This developing story is being updated.



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