Name: Trump's Steel Tariffs, Onsemi Slumps
Uploaded: 2025-02-10T15:26:52.873-06:00
Duration: 8 min 4 s
Description: 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.

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The Trump Administration announced new tariffs on steel &amp; 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.