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US Steel Prices Climb to Four-Year High as Trump’s Tariffs Bite

Bloomberg16 October 2026, 10:00 UTCUnited States of America

US steel prices climbed to the highest in more than four years as President Donald Trump’s tariffs restrict foreign supplies, boosting domestic producers while raising costs for American manufacturers.

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Pete HegsethGovernment leadersUnited States of America16 October 2026, 09:08 UTC
Donald TrumpGovernment leadersUnited States of America16 October 2026, 09:08 UTC

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