Trump to double tariffs on steel imports
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President Donald Trump is visiting a steel plant outside of Pittsburgh on Friday, where he is expected to tout a previously-announced deal between Japan's Nippon Steel Corporation and the United States Steel Corporation.
The bulk of expenditures would be made in the next 14 months, he said, and it will create and save over 100,000 American jobs, including 14,000 in Pennsylvania. As part of the deal, U.S. Steel will maintain all its current operating blast furnaces at full capacity for at least the next 10 years.
HARRISBURG, Pa. (AP) — U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of ...
US Steel and Japan’s Nippon Steel on Monday sued the US government in a bid to revive their $14 billion merger after President Biden blocked the deal last week — a move that US Steel’s CEO c ...
President Donald Trump says he wants U.S. Steel to remain a U.S. company in a press conference from the Oval Office. "We don't want to see it go to Japan. You know, we love Japan, but U.S. Steel ...
After being named in a separate Nippon Steel and U.S. Steel lawsuit against the Biden administration’s decision to block the nearly $15 billion buyout deal, the CEO of Cleveland-Cliffs is ...
U.S. Steel shares are jumping in premarket trading Friday on a report that Nippon Steel is offering to spend as much as $7 billion to upgrade the American company’s aging Rust Belt facilities in ...
The US Steel-Nippon deal appears off again after Trump reiterated his view that it should not be sold to Japan shortly after ordering a positive review of the deal. Tariffs may benefit US Steel ...
President Trump ordered on Monday a new review of a proposed U.S. Steel acquisition by Japanese corporation Nippon Steel. In a memo to multiple government figures including department heads ...
President Donald Trump travels to Pittsburgh Friday to celebrate a deal he once vowed to oppose - Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel.