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UK Steel Industry Spared from Trump's Tariff Hike

UK Steel Industry Spared from Trump's Tariff Hike

BUSINESS - 6/4/2025

The UK dodges a significant increase in steel and aluminium tariffs imposed by President Trump, maintaining the current rate of 25% while negotiations continue for a future trade agreement. Is this a win for British businesses?

US Doubles Steel and Aluminum Tariffs to 50%: A Bold Move for American Industry

US Doubles Steel and Aluminum Tariffs to 50%: A Bold Move for American Industry

BUSINESS - 6/4/2025

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.

Trump's Surprising Approval of Nippon's Bid for U.S. Steel Raises Eyebrows

Trump's Surprising Approval of Nippon's Bid for U.S. Steel Raises Eyebrows

BUSINESS - 5/25/2025

In a shocking turn, President Trump endorses Nippon's $15 billion bid for U.S. Steel, contradicting his earlier stance and igniting concerns over American jobs and national security. The United Steelworkers union reacts strongly, calling it a betrayal.

Trump Approves Controversial U.S. Steel Partnership with Nippon Steel

Trump Approves Controversial U.S. Steel Partnership with Nippon Steel

BUSINESS - 5/24/2025

President Trump announces a new partnership between U.S. Steel and Nippon Steel, sparking debates over ownership and national security. Details remain unclear, but the deal promises job creation and economic growth.

Trump's Tariffs on Canadian Steel: A Boon for American Manufacturers

Trump's Tariffs on Canadian Steel: A Boon for American Manufacturers

BUSINESS - 3/10/2025

President Trump's upcoming tariffs on Canadian steel imports may benefit U.S. manufacturers like Capone Iron Corporation, while sparking fears of higher consumer prices and retaliation from other countries.

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