Market Update
🚨 Trump Signs Order for 25% Tariff on Imported Steel & Aluminum
- Short-term impact: Immediate bearish sentiment across the steel sector.
- Long-term implications: Structural shifts in export channels, manufacturing supply chains, and profitability.
Trading Strategy
⚠️ Exit Long Positions: Given heightened uncertainty, it’s best to step aside and reassess.
⏳ Wait for Market Stabilization: Observe price action before making new trades.
❌ Avoid Impulsive Trades: Increased volatility may lead to unexpected moves.
Focus on risk management and be patient until the market digests this major policy shift.
📌 Daily insights provided by LangZo Steel. For reprints, please credit LangZo Steel.


Leave A Comment