Metals Stocks Slide as Trump Doubles Steel Tariffs

Metals stocks dropped sharply on Monday, June 2, after Donald Trump announced U.S. steel import tariffs would double from 25% to 50% starting June 4, 2025. The move, revealed during a rally at U.S. Steel, heightened global trade tensions. The Nifty Metals index fell 0.8%, with JSW Steel, Tata Steel, and SAIL losing up to 2%. #stockmarket #investing #trading #stocks #investment #finance #money #nifty #forex #sharemarket #investor