Steel prices are up 40% this year since tariffs were introduced: Source: Torsten Sløk, Deutsche Bank Securities More on this later today . . . When prices of imported steel and aluminum increase it will hurt states that are big importers of steel and aluminum, see chart below Source: Torsten Sløk, Deutsche Bank Securities
The post The Impact of Steel & Aluminum Tariffs on Inflation appeared first on The Big Picture.
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