The president says that an agreement with Nippon will involve ‘no layoffs’ and would include a $5,000 bonus to steelworkers.

President Donald Trump has announced a significant increase in tariffs on imported steel, doubling the rate from 25% to 50%.

US Steel (X) stock is in focus amid renewed optimism that the American steelmaker will be acquired by Japan's Nippon Steel ...

Of the $14 billion that Nippon would invest in U.S. Steel, at least $2.4 billion would be in the Mon Valley, McCormick said.

U.S. President Donald Trump unexpectedly announced on Friday that steel and aluminum tariffs will double to 50%.

U.S. Steel issued a brief statement last week in which it said Trump "is a bold leader and businessman who knows how to get ...

Last week, Trump announced that U.S. Steel would remain an American company after U.S. Steel and Japan-based Nippon Steel ...

Conclusion President Trump’s decision to allow Nippon Steel to partner with US Steel demonstrates that the administration has accepted the shortcomings of tariffs as a trade policy. While tariffs ...

President Donald Trump spoke at the U.S. Steel plant in West Mifflin on Friday. During the event, Trump announced the tariff on imported steel will double to 50%.

President Trump announces 50% tariffs on steel imports, doubling current rates. Impact on US steel industry and global trade ...