0854 ET - Cleveland-Cliffs Chairman and CEO Lourenco Goncalves applauds the White House's tariff strike against Canada, Mexico and China. Goncalves says President Trump's agenda, including tariffs announced over the weekend, will have an outsized benefit on the steel producer. He also anticipates benefits for Stelco, the Canadian steel company Cliffs bought last year. "Country-specific tariffs on adversaries as well as allies are a great first step, and we look forward to continuing to work with the Trump administration on further tariff action to come on steel specifically, against our adversaries and allies who have taken advantage of our market," he says. (robb.stewart@wsj.com)
(END) Dow Jones Newswires
February 03, 2025 08:54 ET (13:54 GMT)
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