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US STOCKS-Wall St Advances as Trump's Tariffs Lift U.S. Steelmakers

February 10, 2025, 11.09 PM | Source: Reuters
US STOCKS-Wall St Advances as Trump's Tariffs Lift U.S. Steelmakers

ILUSTRASI. A trader works at the New York Stock Exchange (NYSE) next to a U.S. flag, after Republican Donald Trump won the U.S. presidential election, in New York City, U.S., November 6, 2024. REUTERS/Andrew Kelly

WALL STREET. Wall Street's main indexes moved higher on Monday, recovering from last week's declines, as U.S. steelmakers surged after President Donald Trump said he would impose additional tariffs on steel and aluminum imports.

Trump's latest trade escalation came on Sunday when he said he would introduce 25% tariffs on all imports of steel and aluminum into the United States, on top of existing duties on the metals.

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