Steel stocks are falling as they get a taste of the ‘TACO trade'

Core Viewpoint - Steel and aluminum stocks are experiencing a decline following a report indicating that President Donald Trump is easing his position on tariffs, which has been a point of concern for consumers due to rising prices [1] Industry Impact - The report suggests a potential shift in tariff policy, which could influence the pricing dynamics in the steel and aluminum markets [1] - Consumer complaints regarding increased prices are linked to the current tariff situation, highlighting the sensitivity of these industries to policy changes [1]