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.