Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports.
Category: Steel and Iron
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Trump’s Threat of More Tariffs Slows Trade Deals
As America’s largest trading partners race toward deals, they are increasingly worried about being hit with future tariffs on their critical industries.
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Nippon Steel Completes Its Acquisition of U.S. Steel
The deal gives the White House extraordinary control over U.S. Steel as part of a pact to alleviate national security concerns.
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‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.
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‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.
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U.S. Steel and Nippon Steel Say Their ‘Partnership’ Is Sealed
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
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What’s the Deal? Nippon’s Bid for U.S. Steel Becomes a Merger Mystery.
President Trump’s foray into the takeover could reshape the future of foreign investment in the United States.
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UK Gets Steel Tariff Exemption, but Europe Pays Double
Despite an exemption from 50 percent tariffs, Britain still has to pay a 25 percent duty because its trade deal with the United States has yet to be put in place.
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Trump Doubles Steel and Aluminum Tariffs
The president ratcheted up the rate on foreign metals to 50 percent, saying the former levies weren’t high enough to help the U.S. industry.