Feb. 04, 2021 5:55 PM ETVanEck Vectors Steel ETF (SLX)By: Carl Surran, SA News Editor
The U.S. Court of International Trade today upheld former Pres. Trump’s Section 232 national security tariffs on steel (NYSEARCA:SLX) imports, denying a steel importer’s challenge to the duties.
A three judge panel at the court, which hears challenges to trade actions under U.S. laws, found that the Commerce Department and Trump properly applied a Cold War-era trade law in imposing the tariffs.
Comment: I bought some United States Steel tic X because of high volume and it worked, up a little already. There is a lot of green in the steel sector so I’m nibbling in. It could all be part of a major reversal on the past. (imports reversing to domestic)
Pretty much all of them are 10% to 200% up in six months. I don’t Gold and Silver will mind if we cheat on them a little, to make profits to buy PMs, while we wait for the big reset which in reality will be a final upset of the past.
SID: http://schrts.co/zNRpDATi
GGB: http://schrts.co/cpxYbiyx
RYI: http://schrts.co/wdWtGeMv
This is another example of things Biden/idiot can’t reverse. Trump he/they put tariffs on imported metals for the good of the country.
The anti American Biden/idiot also can’t reverse all the practical judges he nominated in the Supreme Ct and multiple states. Lets be happy. As the country goes thru the worst and final stage of its long term decline, that Biden/idiot and all the immature kids advising him will get the blame.
Congratulations to them all. They accomplished taking over as the system is approaching a bridge abutment.