### Comment:
TARRIFS ON EU STEEL.  
 RIP SPY CALLS

### REPLY:
Because the EU exports SO. MUCH. STEEL. 
  
 Edit: After carefully researching this subject for a entire quarter of an hour it seems that the EU is 2nd behind China by a measly, insignificant, stupidly low amount. China only exports 49% of the global steel industry. Whereas the entire EU exports just above 10%.

### END.