Stock Markets Today: Metals tariffs, Deutsche Bank, Covid in China, Debt Loads – Bloomberg

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Good morning. Metals tariffs to help fight carbon emissions, Covid cases falling in China, Deutsche Bank mulls jumping back into residential mortgage-backed securities and coming to grips with debt among European landlords. Here’s what people are talking about.
The European Union and the US are considering using  new tariffs on Chinese steel and aluminum as part of a bid to fight carbon emissions and global overcapacity, according to people familiar with the matter. The idea, generated within President Joe Biden’s administration, is still in an initial phase and hasn’t been formally proposed, according to the people. US aluminum and steel producers climbed in extended trading, while in Hong Kong, Aluminum Corp. of China and China Hongqiao Group Ltd. slipped. 

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