Why Cleveland-Cliffs Stock Just Dropped

Steel tariffs gaveth, and now steel tariffs taketh away... from Cleveland-Cliffs' stock price.Cleveland-Cliffs (CLF -8.29%) stock fell 8.5% through 2:10 p.m. ET Tuesday after Reuters reported on new trade negotiations between the U.S. and Mexico that could significantly roll back 50% tariffs on steel imports -- which had themselves been announced only last week. 50% -- up to a pointThe negotiations would not affect all steel imports -- only those from Mexico, and only to an extent. While details haven't ye ...