Hey kids! Did you hear about the news about President Trump and some big changes to trade? It's all about taxes on things coming into the US. This affects lots of companies and the stock market!
- President Trump added more taxes on steel and aluminum from other countries.
- This made some US steel companies' stocks go up a lot because they’ll sell more.
- Other big companies’ stocks also went up a little.
- The Federal Reserve (they control money in the US) might not lower interest rates soon.
| Company | Stock Change |
|---|---|
| U.S. Steel | Up 9.7% |
| Cleveland-Cliffs | Up over 12% |
| Nucor | Up almost 10% |
| Alcoa | Up 6.2% |
