Trump's policy triggered explosive growth in metal prices on US market

Trump's policy has triggered an explosive rise in metal prices on the American market, with steel prices in the US reaching a four-year high. According to Bloomberg, citing fresh analytics from industry company Fastmarkets, quotes have risen to $1,255 per short ton. Due to tariff restrictions, domestic steel prices in the US are now two-thirds higher than in Europe and three times higher than in China.