Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.
Category: Steel and Iron
-
Trump’s Tariffs on Steel and Aluminum Re-Up Contentious First-Term Policies
The 25 percent tariff the president is proposing is almost identical to a move in his first term. Economists and foreign governments know what will come next.
-
Markets Play Down the Hit From Trump’s Latest Trade Fight
Global markets are in a wait-and-see mode as President Trump vows to slap steel and aluminum tariffs, among other levies, on trading partners.
-
China Is at Heart of Trump Tariffs on Steel and Aluminum
Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead.
-
Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
-
Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
-
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.
-
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.
-
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.
-
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.
-
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.
-
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
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.