Trump Highlights U.S. Steel Comeback: Potential Tailwind for U.S. Steel, Industrials and Data-Center Real Estate Stocks

President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:

“US steel production exceeds Japan’s for first time in 26 years: Trump tariffs, AI data center construction boom lifted industry in 2025:”

How Will Trump’s Statement Affect the Stock Market?

This latest post has the potential to affect the stock market. That’s because Trump’s claim that U.S. steel production now exceeds Japan’s, aided by tariffs and AI data center construction, could boost sentiment and potentially share prices for U.S.-focused steel and metals names such as Cleveland-Cliffs, Nucor, SPDR S&P Metals & Mining ETF, and VanEck Steel ETF, while weighing on Japan-focused exposure like iShares MSCI Japan ETF. Stronger U.S. industrial activity implied by the post may support broader industrial funds (Vanguard Industrials ETF, Industrial Select Sector SPDR Fund, iShares U.S. Industrials ETF) and, to a lesser extent, real estate vehicles tied to data center and industrial demand (Vanguard Real Estate ETF, iShares U.S. Real Estate ETF, Real Estate Select Sector SPDR Fund). Increased construction and industrial spending can be a mixed signal for VanEck Gold Miners ETF, as stronger growth and risk-on sentiment may cap gold’s safe-haven appeal even as higher input demand can support metal prices over time.

Here are some of the stocks that might be affected:
Cleveland-Cliffs ((CLF)),
Nucor ((NUE)),
Vanguard Industrials ETF ((VIS)),
Industrial Select Sector SPDR Fund ((XLI)),
VanEck Gold Miners ETF ((GDX)),
Vanguard Real Estate ETF ((VNQ)),
SPDR S&P Metals & Mining ETF ((XME)),
iShares MSCI Japan ETF ((EWJ)),
iShares U.S. Industrials ETF ((IYJ)),
iShares U.S. Real Estate ETF ((IYR)),
VanEck Steel ETF ((SLX)),
Real Estate Select Sector SPDR Fund ((XLRE)).