US steel wars
MARKET VOICE
Steel tariffs reveal one problem of the US’s strong dollar policy. Ray Attrill (pictured), research director, Europe at analysis firm 4Cast in London, sees some impact on the currency’s long-held psychological support
The US decision to impose 30% tariffs, for three years, on steel imports from the likes of the EU, Japan, South Korea, China, Australia, Russia, Turkey and Brazil -- but not, it should be noted, Canada -- has so far been more of a talking point than a trading point in the FX market
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