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President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S. industry. By Ana Swanson and Ian Austen Ana Swanson reported from Washington ...
One Pittsburgh-based industry expert said he can’t think of any concerns people should have about a deal between U.S. Steel and Japan-based Nippon Steel. “It’s a massive investment,” said ...
Steel stocks jumped Monday after President Trump vowed to double tariffs on the metal to 50% — and vowed to revive the American steel industry. Shares in mining company Cleveland-Cliffs soared ...
TOKYO -- U.S. President Donald Trump has reversed former President Biden's decision to block Nippon Steel's acquisition of U.S. Steel, marking a major milestone in protracted efforts to seal the ...
Industry Minister Melanie Joly said the government is waiting to see if Trump follows through on his threat to increase steel and aluminum tariffs to 50 per cent.
Trump's steel tariffs hit baby products like "soft-bite" spoons, Munchkin CEO warns 04:12. The Trump administration on Wednesday officially raised tariffs on aluminum and steel to 50%, a move ...
Researchers found that Trump’s 2018 round of 25 percent steel and aluminum tariffs helped add about 1,000 steel-production jobs but also contributed to the loss of 75,000 jobs in U.S. manufacturing.
United States President Donald Trump has announced plans to jack up tariffs on steel and aluminum to 50 per cent on June 4 in a move that will further inflame trade tensions. Canadian steel and ...
Higher steel tariffs will also squeeze U.S. oil companies, which need steel to build pipelines and produce oil and natural gas. Steel can make up 10 to 20 percent of the cost of a new well ...
President Donald Trump speaks at U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson) ...
U.S. Commerce Secretary Howard Lutnick on Wednesday defended the doubling of steel and aluminum tariffs by claiming the United States “can’t fight a war” without domestic production of those ...
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