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2025-02-18


President Donald Trump is looking to boost American manufacturing and its competitiveness with tariffs.

2025-02-13


Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

2025-02-11


European leaders have said that they will respond firmly to higher levies on steel and aluminum, but they have yet to say what that retaliation will look like.

2025-02-10


The president imposed a 25 percent tariff on global metals, repeating a move from his first term. Economists and foreign governments know what will come next.

2025-02-11


President Donald Trump has signed two new proclamations to restore and strengthen the Section 232 tariffs he boldly implemented in 2018.

US steel suppliers have just over a month to decide how to respond before the new tariffs take effect.

2025-02-10


Donald Trump's rapid reorientation of the US trade landscape continued apace on Monday as he signed an executive order to impose 25% duties on steel and aluminum regardless of the source country. They kick in March 4.

President Donald Trump's plan to impose 25% tariffs on imported aluminum and steel could in turn raise costs for American manufacturers that are passed on to consumers.

This week Donald Trump could make trade moves on three simultaneous fronts as importers, CEOs, and foreign leaders struggle to adjust.

Investors are weighing Trump's pledge on Sunday to introduce additional 25% tariffs on steel and aluminum from all countries.

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2025-02-09


The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.

2025-02-10


Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead.

2025-02-09


The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.

All steel and aluminium entering the US will be targeted with a 25% levy, the president says.

President Donald Trump plans to announce 25% tariffs on all aluminum and steel imports into the U.S. on Monday, according to an exchange he had with reporters on Air Force One Sunday.

The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.

ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Sunday that he will announce on Monday 25% tariffs on all steel and aluminum imports into the U.S., another major escalation in his trade policy overhaul. Trump, speaking to reporters on Air Force One, also said he will announce reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately. Trump during his first term imposed tariffs of 25% on steel and 10% on aluminum, but later granted several trading partners, duty-free quotas, including Canada, Mexico, the EU and UK.

2025-02-06


President Donald Trump is set to meet with the CEO of U.S. Steel at the White House as Nippon Steel touts the benefits of its proposed acquisition of the struggling steelmaker.

2025-01-28


(Bloomberg) -- President Donald Trump said he wants to impose across-the-board tariffs that are “much bigger” than 2.5%, the latest in a string of signals that he’s preparing widespread levies to reshape US supply chains.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresFire-Ravaged L

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2025-01-27


The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.

2025-01-14


Chinese government officials have reportedly discussed selling TikTok's US operations to Elon Musk. Antitrust experts predict that the owner of X could clear any US legal hurdles if such a deal were to happen.

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2025-01-13


(Bloomberg) -- Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionBeijing officials strongly prefer that

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

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2025-01-09


The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.

2025-01-08


Trump will probably try to protect American steelworker jobs with tariffs on imported steel. The last time he did that, it killed more jobs than it saved.

2025-01-06


The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.

The companies allege President Biden "ignored the rule of law to gain favor" with trade unions.

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.

The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm Nippon Steel and revealed his plans to sue.

President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has drawn criticism from the companies and other observers.

2025-01-04


Biden killed a deal that would have bolstered ailing US Steel. Is that really good for workers?

Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt.

2025-01-03


Hopes are dim for a "Santa Claus" rally after a five-session run of losses for the S&P 500.

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(Bloomberg) -- (Bloomberg) — For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a company based in close ally Japan wasn’t enough to allay national-security concerns.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Rev

Hopes are dim for a "Santa Claus" rally after a five-session run of losses for the S&P 500.

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President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew criticism from former Secretary of State Mike Pompeo.

Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.

Hopes are dim for a "Santa Claus" rally after a five-session run of losses for the S&P 500.

President Joe Biden announced that his administration will block the proposed $14.9 billion sale of U.S. Steel to Nippon Steel after conducting reviews of the proposed deal.

(Bloomberg) -- President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal that has faced months of vocal opposition and raising questions over the future of a US industrial giant.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Reviva

The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.

2024-12-23


The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.

2024-12-10


(Bloomberg) -- President Joe Biden plans to formally block the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp. on national security grounds once the deal is referred back to him later this month, people familiar with the matter said.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectSan Francisco, Paris Named Bes

2024-12-03


The focus is on JOLTS jobs data and Fedspeak will cement or dent growing hopes for interest rate cuts.

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The focus is on JOLTS jobs data and Fedspeak will cement or dent growing hopes for interest rate cuts.

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The focus is on JOLTS jobs data and Fedspeak to cement or dent growing hopes for interest-rate cuts.

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President-elect Trump said he would use a series of tax incentives and tariffs to block Nippon Steel's planned purchase of American firm U.S. Steel.

2024-11-23


Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.

2024-10-28


Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.

2024-10-24


Tesla CEO (among other things) Elon Musk has been loudly campaigning for Trump and giving money away to help register voters. Getting deeper into politics hasn't seemed to hurt the car company, however, which just posted a surprise beat on profit in its Q3 results.

2024-09-25


Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.

Kamala Harris and Donald Trump are using dueling speeches this week to position themselves as the candidate of manufacturing, but both are promising to help in nearly opposite ways.

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2024-09-17


David Burritt expressed confidence that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.

2024-09-06


The union members opposed to Nippon's purchase of US Steel have political leverage at the moment. That will change after the election.

2024-09-05


Nippon Steel and U.S. Steel are pushing back on reports their merger would undermine U.S. national security amid reports the Biden-Harris administration is preparing to block the deal.

As the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the debate over national and economic security is being dwarfed by presidential politics.

2024-09-04


The controversial move comes during a heated election year in the US.

U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, a source said on Wednesday.

The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.

U.S. Steel's CEO is warning that the failure of its planned sale to Nippon Steel would lead to the closure of steel mills that would be modernized if the deal proceeds.

Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.

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Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.

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2024-09-03


Vice President Harris said she opposes the proposed merger between U.S. Steel and Nippon Steel, aligning her views with President Biden and her electoral rival, former President Trump.

Both major presidential candidates now say they oppose the proposed takeover of the industrial giant by Nippon Steel of Japan.

2024-08-31


The platform went dark across Brazil on Saturday, sending online commentators to new digital town squares.

2024-08-29


The social media giant says it refused to comply with a judge's order to appoint a legal representative.

2024-08-26


The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.