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The U.S.-Japan Steel Deal and the Global Battle for Pricing Power

The Global Steel Power Play

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Dorian
May 31, 2025
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On May 31st, President Trump took to a steel plant in Pittsburgh to unveil a stunning move: steel and aluminum tariffs will surge from 25% to 50%.

His stated mission?

Protect American workers and stop other nations from “stealing” America’s industrial soul.

But this time, it’s more than a simple tariff hike — it’s tied to a $14 billion acquisition in the m…

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