Is President Trump nationalizing United States Steel? The question arises after the president advised that the “partnership” between the industrial icon and a Japanese steelmaker would leave the firm “controlled by the United States,

The European Commission, which oversees trade policy for the 27-nation EU, said it saw new impetus in trade talks with the United States this week after President Donald Trump dropped his threat to impose 50% tariffs on EU imports. That followed Trump's call with Commission chief Ursula von der Leyen in which they agreed to fast track talks.

President Donald Trump says U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a “partnership” between the American steelmaker and Japan-based Nippon Steel, which sought to buy it.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $42.0, a high estimate of $45.00, and a low estimate of $38.00. This upward trend is evident, with the current average reflecting a 4.14% increase from the previous average price target of $40.33.

Jefferies analyst Chris LaFemina downgraded his rating on United States Steel Corp. (NYSE:X) to Hold from Buy after President Trump approved a potential partnership between the company and Nippon Steel Corp.

The USHBC recently announced the appointment of April Diez, CEO of The Diez Group, to its Board of Directors. The Diez Group services multiple industries including automotive, specializing in metals processing,

U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of board members from the United States and U.

President Donald Trump cleared Nippon’s bid for U.S. Steel on Friday, referring to the deal as a “partnership.”