Trump's NEW Tariffs Are Here | What This Means for Steel & Aluminum

"any steel coming into the United States is going to have a 20 5% tariff aluminum 2o"

"this will hopefully according to the Trump Administration bring even more steel and aluminum buying into the United States which would in theory create more jobs here create more profits here to benefit the United States economy and create more tax dollars outside of the income tax"

"if we see a big spike in steel prices it could have an inflationary impact which is the prices of things go up that have Steel in them"

"we can kind of infer that we could see a short-term spike in steel and or aluminum prices and maybe after the Tariff settle in that we could see the prices of the steel and aluminum Begin to Fall Again"

"these tariffs if they continue and they slow down the economy it could deliver a quote stagflationary shock to the United States economy"

"maybe if done correctly these tariffs could mean more spending is happening inside the United States more American companies could to grow more American companies are hiring more employees inside of the United States more American companies grow their profits and more tax dollars in the United States through that"

"Apollo Global Management what they said said is that these tariffs if they continue and they slow down the economy it could deliver a quote stagflationary shock to the United States economy"