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U.S. Steel comes out with a full year profit hike, citing President Trump's new steel tariffs.
The company's largest driver to use U.S. steel on the exterior of its cars is likely logistics, not patriotism. Meanwhile, the company uses various parts on the interiors of its vehicles that are made using steel from across the globe.
European steelmakers, as well as major auto and aerospace exporters, fell sharply Friday as investors reacted to punishing import tariffs from U.S. President Donald Trump.
European Commission President Jean-Claude Juncker vowed to "firmly and commensurately to defend our interests" in the wake President Donald Trump's plans to impose steel import tariffs.
While the U.S. mulls an exit from Nafta, a weak dollar and tax incentives could precipitate an influx of domestic investment. Here are the top names to own.