US homebuilder stocks fell sharply after Donald Trump announced a 50% steel tariff, stoking fears of higher material costs, while April construction spending declined 0.4% against expectations.
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Trump’s “50% Steel Tariff” Remarks Send US Homebuilder Stocks Tumbling

US homebuilder stocks fell sharply after Donald Trump announced a 50% steel tariff, stoking fears of higher material costs, while April construction spending declined 0.4% against expectations.

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