#us-steel-tariffs

#us-steel-tariffs

Nucor ( ) has delivered strong returns since President Trump imposed tariffs on imported steel last year. The stock has climbed 16% year-to-date in 2026 and gained 41% over the past 12 months, outperforming broader market indices amid protected domestic pricing. Higher tariffs - reaching up to 50% - shielded U.S. producers from cheap foreign imports, boosting revenues for companies like Nucor. However, reports indicate Trump is now considering scaling back these measures.

President Trump hates the United States' trade deficit. Indeed, he is so concerned about the "economic and national security risks" the deficit creates that he imposed a tariff regime that raised geopolitical tensions across the globe.The only problem is that his tariffs don't appear to be rebalancing the huge volume of goods and services the U.S. imports, versus its declining exports.