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Thursday, March 22, 2018 3:54:08 PM
Initial concerns about Trump's tariffs on aluminum and steel relaxed after the administration softened its stance by offering exemptions for Canada and Mexico. The United States later granted tariff exemptions for major allies like the European Union, South Korea and Australia.
That news didn't sit well with steel and aluminum makers. U.S. Steel (X) plunged 9% and Alcoa (AA) dropped 5%.
http://money.cnn.com/2018/03/22/investing/dow-jones-trade-war-china/index.html
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