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“The effects of higher steel prices, largely a result of the 2002 Bush steel tariffs, led to a loss of nearly 200,000 jobs in the steel-consuming sector, a loss larger than the total employment ...
Trump plans to impose a 25% tariff on steel and aluminum on Monday. Canada, Mexico, and Brazil are key US steel suppliers; Canada, UAE, and Mexico lead in aluminum. The tariffs could lead to ...
(Reuters) -U.S. President Donald Trump said on Friday Japan's Nippon Steel will not buy U.S. Steel and would instead invest in the company, which would dramatically reshape the $15 billion merger ...
President Joe Biden, like Trump, also opposes Nippon Steel's purchase of Pittsburgh-based U.S. Steel. Biden’s White House in September said that it had yet to see a report from the secretive Committee on Foreign Investment in the United States , which was reviewing the transaction for national security concerns.
President-elect Donald Trump is pledging to block Japan's Nippon Steel from buying U.S. Steel, a $14.9 billion deal announced a year ago that is now under review for its potential impact on U.S ...
In a statement on Tuesday following Trump's comments, Nippon Steel said it would invest no less than $2.7 billion into U.S. Steel's unionized facilities, secure union jobs and share technological ...
President Trump's new Steel Tariffs 2.0 aim to end foreign producers' exploitation and circumvention of trade laws, protecting America's steel industry and national security.
The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion deal to buy the American steelmaker.