SMU Data and Models
March 22, 2018
SMU Market Trends: Will Trump's Tariff Help Your Business?
Written by Tim Triplett
Only one out of four respondents to Steel Market Update’s market trends questionnaire this week feel President Trump’s 25 percent tariff on steel imports will have a beneficial effect on their businesses. Most (62 percent) expect it to hurt business in the long term, while the remaining 13 percent predict it will have little effect on their companies either way.
Many respondents expect the benefits of the tariffs to be short-lived:
