HomeTechTechnologyTrump's Steel Tariffs, Onsemi Slumps

Trump's Steel Tariffs, Onsemi Slumps

The Trump Administration announced new tariffs on steel & aluminum products, moving U.S. steelmaker stocks higher. Alex Coffey discusses why stocks are higher because of, not despite the tariff announcement, and looks at Onsemi (ON), which is sliding after an earnings miss and weak guidance.

Morning Movers

10 Feb 2025

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