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Reuters

Reuters

Technology

Technology

Morning Bid: Powell and Steel, with AI in play

Reuters
Summary
Nutrition label

79% Informative

U.S. President Donald Trump raised tariffs on steel and aluminum imports on Monday to a flat 25% "without exceptions or exemptions" Trump also said he would follow with reciprocal tariffs on all countries that impose duties on US goods.

Steel imports account for 23% of American steel consumption in 2023 , with Canada , Brazil and Mexico the largest suppliers.

China 's mainland and Hong Kong stocks slipped back on mounting tariff war news.

Jerome Powell's semiannual monetary policy testimony before Senate Banking, Housing and Urban Affairs Committee .

Fed Board Governor Michelle Bowman , New York Fed President John Williams and Cleveland Fed chief Beth Hammack all speak.

EU Commission President Ursula von der Leyen meets U.S. Vice President JD Vance in Paris .

VR Score

90

Informative language

96

Neutral language

66

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links