Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make finished goods.
Category: Cleveland-Cliffs Inc
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Companies Have Shielded Buyers From Tariffs. But Not for Long.
Cars, toys and tea are among products set to get more expensive as tariffs weigh on corporate profits.
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How Trump’s Metals Tariffs Could Make Food and Beer Cans More Expensive
Food and beverage companies say new tariffs on steel and aluminum will raise the cost of their containers. They say consumers are likely to pay the difference.
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Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.
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Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
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.
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Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
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U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
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.
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U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.
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Ohio Reaps Benefits From a Climate Law JD Vance Repeatedly Attacks
Former President Donald J. Trump has called for clawing back unspent funds included in the Inflation Reduction Act, President Biden’s landmark climate bill. That could have adverse impacts in Ohio.
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Nippon Steel’s $15 Billion U.S. Steel Takeover Bid Is in Peril
The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.