Why Cleveland-Cliffs Stock Was a Massive Winner in June

June was a banner month for American steel producer Cleveland-Cliffs (CLF 7.88%). It received much investor attention after President Trump signed an executive order doubling tariffs on steel coming into this country, a move that will directly and clearly benefit Cleveland-Cliffs if it holds. Over the month, investors clearly bet it would, and traded the company's stock more than 30% higher. Steeling for a fightTrump's latest steel tariff was actually imposed weeks before the so-called "Liberation Day," whe ...