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Trump raises steel tariffs to 50%, citing China's trade violations, amid stock market gains.
US President Trump raised steel import tariffs to 50%, citing China's violation of trade agreements.
This move could strain relations and affect the economy, with the May nonfarm payrolls report set to provide insights.
Despite the tensions, US stocks had their best month since November 2020, with the S&P 500 up 6.2% and the Nasdaq up 9.6%.
Talks between Trump and Chinese President Xi Jinping may ease trade tensions.
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Trump eleva los aranceles de acero al 50%, citando las violaciones comerciales de China, en medio de las ganancias del mercado de valores.