Carl Icahn, long a friend and business associate of Donald Trump made an interesting stock move recently.  Just before the President announced tariffs on imported steel and aluminum,  Icahn sold his stake in the Manitowoc Company, which uses a lot of steel and could be hurt by tariffs.

From The Washington Post:

A Feb. 22 SEC filing shows Icahn sold off his $31.3 million stake in the Manitowoc Company, which is a leading global manufacturer of cranes for heavy construction based in Manitowoc, Wis., according to the company’s website. Since Trump’s announcement Thursday, Manitowoc’s stock has plummeted to about $26.