Under the announced agreement, U.S. Steel will retain its name and headquarters in Pittsburgh. The steel will continue to be "mined, melted and made" in the United States, the companies said.

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 ...

The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher.

Nippon Steel added investment pledges to sweeten the deal from $1.4 billion to $2.7 billion in August 2024, as well as promises to maintain U.S. Steel's headquarters in Pennsylvania.

Trump announces 50% steel tariffs as Nippon deal sparks hope for U.S. jobs 02:33. President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though ...

President Donald Trump said he's doubling tariffs on foreign steel to 50%, making the announcement during a May 30 visit to a U.S. Steel facility in Pennsylvania.. Trump previously reversed his ...

Fifty-percent tariffs on steel and aluminum will likely raise the price paid at the grocery store for each can of soup or soda by about 1 cent, Hauk said. “It isn’t a huge amount on its own ...

Nippon Steel has completed its $14.2 billion takeover of U.S. Steel, the company announced Wednesday, capping a year and a half of fraught negotiations and resulting in a landmark deal for a ...

U.S. Steel said in a statement that the agreement called for roughly $11 billion in new investments by 2028. The deal will also give the U.S. government a “golden share” in the company, a ...

Nippon Steel's $14.9 billion acquisition of US Steel closed on Wednesday, the companies said, confirming an unusual degree of power for President Trump after the Japanese company's 18-month ...

Britain breathed a sigh of relief on Wednesday after it was granted a carve-out from President Trump’s 50 percent tariffs on steel and aluminum imported to the United States, while the rest of ...

US President Donald Trump's 50% tariffs on most imported steel and aluminum went into effect on Wednesday, the same day as his deadline for trading partners to give their "best offer" in bids to ...