BREAKING: The White House says tariffs on steel will rise from...

BREAKING: The White House says tariffs on steel will rise from 25% to 50% beginning next week.
https://x.com/KobeissiLetter/status/1928575729975103497

probably in response to this:

JAPAN ECONOMY MINISTER AKAZAWA: DIFFICULT TO AGREE TO A DEAL IF U.S. DOES NOT AGREE TO DROP ALL TARIFFS, INCLUDING RECIPROCAL AND AUTO TARIFFS
https://x.com/DeItaone/status/1928522146050965728

and in response to being labelled TACO (Trump Always Chicken Out)

as well as in defiance of the court ruling on making tariffs invalid

....the market will get used to his petulance.

....but he may be serious this time because it is specifically targeted and is poised to affect Canada & Mexico worst, Japan and South Korea and Germany.