President Trump has imposed stiff tariffs on imported steel and aluminum, a move he made previously in 2018, causing manufacturers to scramble to find US sources and leading to increased prices for end products. The potential impact of the new tariffs remains uncertain, as deals with countries and hardship exemptions could affect the outcome. The steel and aluminum tariffs are set to take effect on March 12, and industries such as auto manufacturing, construction, and energy production are bracing for potential price hikes and supply chain disruptions.
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Prediction: This Artificial Intelligence (AI) Stock Could Be the Biggest Winner of the Second Half of 2025
As of June 12, Tesla's shares have fallen 21% this year, which raises concerns about investor confidence. However, recent weeks have shown signs of recovery in the stock, and despite challenges in Tesla's core EV business, there are optimistic expectations for a significant rebound in the latter half of the year. Need More Context? 🔎
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