Nippon Steel and U.S. Steel did not list the full terms of the deal, and did not release a national security agreement struck with Trump’s administration. But in a statement Wednesday, the ...

PITTSBURGH — Nippon Steel has finalized its deal to buy 100% of U.S. Steel, the iconic steelmaker that was once the world’s most valuable company and a cornerstone of American industrial might.

President Trump, during a visit to a U.S. Steel mill in Pittsburgh on May 30, announced he was doubling down on that rate, raising the 25% levies to 50%. The higher tariffs went into effect ...

“The big issue is, you can’t fight a war without steel and aluminum production in America,” Lutnick said during an exchange with Democratic U.S. Sen. Jeanne Shaheen of New Hampshire, who was ...

Steel and aluminum from the U.K., meanwhile, will continue to be levied at 25% due to a recent trade deal. Why is Trump raising these tariffs? Trump says it’s all about protecting U.S. industries.

Higher steel tariffs will also squeeze U.S. oil companies, which need steel to build pipelines and produce oil and natural gas. Steel can make up 10 to 20 percent of the cost of a new well ...

US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move cheered by the beleaguered US steel industry but decried by heavy users of the metals, from car makers to can ...

Using Canadian steel for defence, industry is a ‘turning point,’ union says By Uday Rana Global News Posted June 2, 2025 1:40 pm 3 min read ...

Futures tracking aluminum and steel prices in the US surged after President Donald Trump said he will double tariffs on the metals this week. Contracts linked to the prices that manufacturers pay ...

Artificial Blood That Could Work for All Blood Types in Trials Published Jun 02, 2025 at 8:22 AM EDT Updated Jun 02, 2025 at 9:24 AM EDT By Jasmine Laws ...

Trump previously imposed a 25% tariff on cars and car parts, but in April the president said the auto tariffs would not stack on top of steel and aluminum tariffs, meaning levies related to the ...

Steelworkers are excited for the future after President Trump talked about the partnership between U.S. Steel and Japan-based Nippon Steel. Leaders, members of the community and steelworkers ...