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Winners and losers from new tariffs

In the longer term, there could be mounting pressure for manufacturers who have to pay more for steel and aluminum.

Winner: US steelmakers

PRODUCERS such as Nucor, AK Steel Holding and US Steel will reap the benefits. They have aggressively lobbied for trade defences against what they see as unfair competition from China, Russia and South Korea.

A tariff around the level...

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