US Steel Tariffs 2024: Impact on Manufacturing and Trade

US Steel and Aluminum Tariffs: Impact, Motivations, and Market Shifts The US has imposed new **25% tariffs** on steel and aluminum imports to counter China’s overproduction and support domestic manufacturers. While this move aims to…

Iron Ore Prices Drop Amid China Market Uncertainty

Iron ore futures declined as market uncertainty in China weighs on demand. The Dalian iron ore contract fell **1.14%** to **778.5 yuan/mt**, continuing its downward trend. Steel mills maintain cautious buying strategies, while China’s real…

Copper Prices Surge as Supply Tightens and US Tariff Fears Grow

Copper prices are soaring near a five-month high as global supply constraints and US tariff concerns drive market volatility. The potential for import tariffs has sparked a surge in US copper imports, while declining production…

Eurozone Faces Unprecedented Uncertainty as ECB Cuts Growth Forecasts

ECB’s de Guindos warns that current economic uncertainty in the eurozone exceeds COVID-19 levels, driven by U.S. trade tensions and geopolitical instability. The ECB lowered its growth forecasts for 2025 and 2026, while implementing a…

Fed’s Uncertainty Sparks Market Jitters: What Investors Should Expect

The Federal Reserve’s latest decision to hold interest rates steady has left investors on edge amid growing economic uncertainty. With fears of a potential recession rising and market volatility intensifying, all eyes remain on key…