Trump on Nippon Steel as he meets with Japan's Shigeru Ishiba 04:59. U.S. Steel and Nippon Steel announced Wednesday that they have finalized their long-awaited partnership.. Under the announced ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Price increases could hit canned soup, dishwashers, cars and an array of other products as a result of President Donald Trump’s planned hike of steel and aluminum tariffs, experts told ABC News ...

Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company ...

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 ...

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.

Germany, which is Europe’s largest steel-producing country and made up 6 percent of the United States’ total steel imports in 2024, will be particularly hard hit by the higher tariffs.