U.S. Steel shares halted trading as Nippon Steel finalizes its acquisition, raising questions about American ownership and the future of the iconic brand. President Trump's controversial involvement adds to the intrigue.
President Trump announces a tentative agreement with China to ease access to rare earth minerals for American businesses, while halting visa revocations for Chinese students. But is this deal substantial or just a temporary truce?
President Trump has ramped up steel and aluminum tariffs to 50%, impacting both domestic producers and industries reliant on these metals. As costs rise, the ripple effects could lead to higher consumer prices and job losses in other sectors.
In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
President Trump visits Pennsylvania to announce a monumental $14 billion partnership between U.S. Steel and Nippon Steel. This investment is set to create 70,000 American jobs and bolster U.S. manufacturing across various industries.