Stock Track | Cleveland-Cliffs Surges 15% on Trump's Plan for 25% Steel Tariffs

Stock Track02-10

Shares of Cleveland-Cliffs Inc. (CLF) soared over 15% in premarket trading on Monday, following President Donald Trump's announcement of plans to impose steep tariffs on steel and aluminum imports into the United States.

Trump said he would introduce new 25% tariffs on all steel imports and aluminum imports into the country, on top of existing duties on the metals. The president claimed the move would protect domestic producers from unfairly priced foreign imports.

The tariffs could boost demand for U.S.-produced steel by making it more expensive for overseas companies to sell lower-priced steel in the American market. Analysts suggest the move could allow domestic steelmakers like Cleveland-Cliffs to raise their prices in the short term.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1195351343?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-10 22:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195351343","market":"hk","top_or_hot":-1,"title":"Stock Track | Cleveland-Cliffs Surges 15% on Trump's Plan for 25% Steel Tariffs","media":"Stock Track","content":"<p>Shares of Cleveland-Cliffs Inc. (CLF) soared over 15% in premarket trading on Monday, following President Donald Trump's announcement of plans to impose steep tariffs on steel and aluminum imports into the United States.</p>\n\n<p>Trump said he would introduce new 25% tariffs on all steel imports and aluminum imports into the country, on top of existing duties on the metals. The president claimed the move would protect domestic producers from unfairly priced foreign imports.</p>\n\n<p>The tariffs could boost demand for U.S.-produced steel by making it more expensive for overseas companies to sell lower-priced steel in the American market. Analysts suggest the move could allow domestic steelmakers like Cleveland-Cliffs to raise their prices in the short term.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Cleveland-Cliffs Surges 15% on Trump's Plan for 25% Steel Tariffs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Cleveland-Cliffs Surges 15% on Trump's Plan for 25% Steel Tariffs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-10 22:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Cleveland-Cliffs Inc. (CLF) soared over 15% in premarket trading on Monday, following President Donald Trump's announcement of plans to impose steep tariffs on steel and aluminum imports into the United States.</p>\n\n<p>Trump said he would introduce new 25% tariffs on all steel imports and aluminum imports into the country, on top of existing duties on the metals. The president claimed the move would protect domestic producers from unfairly priced foreign imports.</p>\n\n<p>The tariffs could boost demand for U.S.-produced steel by making it more expensive for overseas companies to sell lower-priced steel in the American market. Analysts suggest the move could allow domestic steelmakers like Cleveland-Cliffs to raise their prices in the short term.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CLF","symbol_name":"克利夫兰克里夫","start_time":0,"source_url":"","article_id":"1195351343","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195351343","pubTimestamp":1739198225,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Cleveland-Cliffs Inc.  soared over 15% in premarket trading on Monday, following President Donald Trump's announcement of plans to impose steep tariffs on steel and aluminum imports into the United States.Trump said he would introduce new 25% tariffs on all steel imports and aluminum imports into the country, on top of existing duties on the metals. The president claimed the move would protect domestic producers from unfairly priced foreign imports.The tariffs could boost demand for U.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CLF":"克利夫兰克里夫"},"translate_title":"特朗普计划征收25%钢铁关税，克利夫兰克利夫斯股价飙升15%","themeId":"fdb96aeacb17a15869561dbd66b0ca2c","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLF":1},"content_text":"Shares of Cleveland-Cliffs Inc. (CLF) soared over 15% in premarket trading on Monday, following President Donald Trump's announcement of plans to impose steep tariffs on steel and aluminum imports into the United States.\nTrump said he would introduce new 25% tariffs on all steel imports and aluminum imports into the country, on top of existing duties on the metals. The president claimed the move would protect domestic producers from unfairly priced foreign imports.\nThe tariffs could boost demand for U.S.-produced steel by making it more expensive for overseas companies to sell lower-priced steel in the American market. Analysts suggest the move could allow domestic steelmakers like Cleveland-Cliffs to raise their prices in the short term.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1195351343","isCrawlerRequest":true}