From Nasdaq: 2025-06-11 14:39:00

Cleveland-Cliffs (NYSE: CLF) stock dropped 8.5% following news of potential trade negotiations between the U.S. and Mexico to reduce steel import tariffs by up to 50%. The negotiations would only affect steel imports from Mexico and may allow a certain quota or volume of steel to enter the U.S. duty-free or at a reduced tariff rate. Investors are concerned about the impact on Cleveland-Cliffs stock, which has been banking on tariff policies to improve profitability. As negotiations progress, investors should be cautious about relying on government policy changes to drive stock performance.

Considering investing in Cleveland-Cliffs? The Motley Fool Stock Advisor team did not include Cleveland-Cliffs in their list of the 10 best stocks to buy now. The team has a history of identifying stocks with significant returns, outperforming the S&P 500 by 996%. Investors should review the recommended stocks before making any investment decisions. It’s important to note that the views expressed in the article are solely those of the author and do not reflect the opinions of Nasdaq, Inc.



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