Trump, steel and tariffs
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By Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK (Reuters) - Wall Street's main indexes were mixed on Monday after President Donald Trump said he plans to double tariffs on imported steel and aluminum,
Pantry staples are in line for a hit from President Trump’s tariffs. Soup and snack giant Campbell’s said that it is navigating tariffs on three fronts: retaliatory tariffs on soup it ships to Canada,
The so-called TACO trade will be tested as markets wait to see if Trump will actually follow through with his latest threat or if he will put it on hold soon.
The U.S. dollar fell against other major currencies on Monday, giving up some of the previous week's gains, as markets weighed the outlook for President Donald Trump's tariff policy and its potential to constrict growth and unleash inflation.