U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Back to back decisions are making it clearer that the Trump administration that the United States would no longer tolerate malpractices in trade. The latest actions by the U.S. Commerce Department takes on steel exporters from China and Mexico, over subsidies. The investigation into the imports of Fabricated Structural Steel (FSS) was initiated based on a petition filed by American Institute of Steel Construction Full Member Subgroup Chicago.
Last night, the Commerce Department announced its crackdown on certain steel products that are produced in China and Mexico and then exported to the United States as fabricated structural steel (FSS). According to the department, these products received countervailable subsidies, ranging from 30.3 to 177.43 percent in the case of China, and zero to 74.01 percent in the case of Mexico. In 2018, imports of fabricated structural steel from China and Mexico were valued at an estimated $897.5 million, and $622.4 million, respectively.
Actions like these have increased under the Trump administration and by as much as 219 percent, compared to a similar period under his predecessor.
