President Trump placed 25% tariffs on aluminum and steel imports in March via executive order, before hiking the rate to 50% on Tuesday.
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Heavy industrials remain one of the most significant drivers of greenhouse gas emissions, and also one of the toughest to eliminate.
Steel giant Cleveland-Cliffs announced Monday that it will buy Canada’s Stelco Holdings for C$3.85 billion ($2.8 billion).
The US and Mexico will apply tariffs to some US steel and aluminum imports to keep Chinese metals from entering America.