President Trump’s 25% tariff on imported steel has drawn investor interest in domestic steel producers, with the two largest being Nucor NUE and United States Steel X. Seeing as steel production is likely to increase in the U.

The president imposed a 25 percent tariff on global metals, repeating a move from his first term. Economists and foreign governments know what will come next.

The 25 percent tariffs on imported steel and aluminum are the latest salvo in his ongoing effort to overhaul the U.S. trading relationship with the rest of the world.