Is US Steel stock poised for more gains as Trump gears up for second term?

Following Donald Trump’s win in the 2024 US presidential election, US Steel Corporation (NYSE: X) surged 5% on Wednesday. This rally aligns with expectations that Trump may reintroduce protectionist measures, including tariffs on imported steel similar to those imposed in 2018. Under his previous administration, a 25% tariff on steel imports led to a stronger […]