
US inflation falls to 2.8%; Apac hit with Trump's steel, aluminium tariffs; EU, Canada retaliate
US inflation was lower than expected in February; the 2.8% read came as the US introduced global 25% tariffs on steel and aluminium imports; and then the EU and Canada retaliated; in Apac, Australian and Korean steelmakers are most at risk.
Mar 12, 2025