Tag #Us Steel

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nbcnews.com

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May 31, 04:08

Trump Doubles Steel Tariffs, Approves U.S. Steel-Nippon Merger with U.S. Oversight

President Trump doubled tariffs on steel imports to 50%, announced a merger between U.S. Steel and Nippon with U.S. government oversight to mitigate national security risks, and stated that U.S. Steel will remain under U.S. control.

Trump Doubles Steel Tariffs, Approves U.S. Steel-Nippon Merger with U.S. Oversight

President Trump doubled tariffs on steel imports to 50%, announced a merger between U.S. Steel and Nippon with U.S. government oversight to mitigate national security risks, and stated that U.S. Steel will remain under U.S. control.

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What are the immediate economic and geopolitical consequences of President Trump's decision to double steel import tariffs?

President Trump announced a 50% tariff on steel imports, doubling the previous 25% rate. This decision follows a controversial merger between U.S. Steel and Nippon, approved despite initial national security concerns. The deal includes a "golden share" for the U.S. government, ensuring control over production levels.

themarker.com

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May 31, 13:09

Trump Doubles Steel Tariffs, Announces US Steel-Nippon Deal

President Trump doubled tariffs on imported steel and aluminum to 50% on June 4th, claiming it protects US steel, while simultaneously announcing a yet-unspecified partnership between US Steel and Nippon Steel involving $17 billion in investment, despite previously opposing such deals; Canada and Au...

Trump Doubles Steel Tariffs, Announces US Steel-Nippon Deal

President Trump doubled tariffs on imported steel and aluminum to 50% on June 4th, claiming it protects US steel, while simultaneously announcing a yet-unspecified partnership between US Steel and Nippon Steel involving $17 billion in investment, despite previously opposing such deals; Canada and Au...

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What are the immediate economic consequences of President Trump's decision to double tariffs on imported steel and aluminum?

President Trump announced a doubling of tariffs on imported steel and aluminum to 50%, aiming to bolster the American steel industry. This follows a visit to a US Steel plant where he touted a planned partnership with Nippon Steel, despite previously opposing a similar deal. The specifics of this new arrangement remain unclear.

edition.cnn.com

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May 30, 22:11

Trump Approves Nippon Steel's Acquisition of US Steel Amid Trade Tensions

President Trump approved the sale of US Steel to Nippon Steel, reversing his prior opposition, despite bipartisan concerns and ongoing trade tensions with Japan; the deal includes a significant investment from Nippon and government oversight to maintain US control.

Trump Approves Nippon Steel's Acquisition of US Steel Amid Trade Tensions

President Trump approved the sale of US Steel to Nippon Steel, reversing his prior opposition, despite bipartisan concerns and ongoing trade tensions with Japan; the deal includes a significant investment from Nippon and government oversight to maintain US control.

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How does the deal address concerns about national security and foreign ownership of a key American industrial asset?

The deal, framed as a "partnership" by Trump, involves Nippon Steel's investment in US Steel and the US government's retention of "golden shares" to maintain control. This approach aims to address national security concerns and prevent job losses while allowing foreign investment, raising concerns about the long-term implications for American steel production.

abcnews.go.com

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May 30, 10:11

Trump Announces Deal for Nippon Steel to Invest \$28.9 Billion in U.S. Steel

President Trump announced a deal for Japan-based Nippon Steel to invest \$28.9 billion in U.S. Steel, securing American control through a "golden share" mechanism, after initially opposing the acquisition.

Trump Announces Deal for Nippon Steel to Invest \$28.9 Billion in U.S. Steel

President Trump announced a deal for Japan-based Nippon Steel to invest \$28.9 billion in U.S. Steel, securing American control through a "golden share" mechanism, after initially opposing the acquisition.

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What are the potential long-term economic and political consequences of this deal, both domestically and internationally?

The deal's long-term success hinges on the specifics of the "golden share" arrangement and its enforceability. Further, the deal's impact on the competitiveness of U.S. Steel and the broader steel industry remains to be seen. The arrangement's political implications are significant, impacting both the midterm elections and Trump's legacy.

cnn.com

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May 24, 01:10

Trump Announces US Steel-Nippon Steel Partnership, Securing $14 Billion Investment

President Trump announced a partnership between U.S. Steel and Nippon Steel, involving a $14 billion investment, projected to create at least 70,000 jobs and boost the US economy, resolving a previously blocked acquisition attempt due to national security concerns.

Trump Announces US Steel-Nippon Steel Partnership, Securing $14 Billion Investment

President Trump announced a partnership between U.S. Steel and Nippon Steel, involving a $14 billion investment, projected to create at least 70,000 jobs and boost the US economy, resolving a previously blocked acquisition attempt due to national security concerns.

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What are the immediate economic and employment impacts of the announced partnership between U.S. Steel and Nippon Steel?

President Trump announced a partnership between U.S. Steel and Nippon Steel, resulting in a $14 billion investment in the US economy and the creation of at least 70,000 jobs. This follows the blocking of a previous acquisition attempt by the Biden administration and significant political debate regarding foreign control of US Steel.

cbsnews.com

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May 24, 01:11

Trump Announces U.S. Steel-Nippon Steel Partnership, Creating 70,000 Jobs

President Trump announced a "planned partnership" between U.S. Steel and Nippon Steel, reversing the Biden administration's block on a full acquisition, with projected job creation of 70,000 and $14 billion added to the U.S. economy.

Trump Announces U.S. Steel-Nippon Steel Partnership, Creating 70,000 Jobs

President Trump announced a "planned partnership" between U.S. Steel and Nippon Steel, reversing the Biden administration's block on a full acquisition, with projected job creation of 70,000 and $14 billion added to the U.S. economy.

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What are the immediate economic and job creation impacts of the planned partnership between U.S. Steel and Nippon Steel?

President Trump announced that U.S. Steel will remain headquartered in Pittsburgh, following a "planned partnership" with Nippon Steel. This decision reverses former President Biden's block on Nippon Steel's acquisition bid and is expected to create 70,000 jobs and add $14 billion to the U.S. economy.

aljazeera.com

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May 31, 07:11

Trump Raises Steel Tariffs to 50 Percent

President Trump announced a tariff increase on steel imports from 25 percent to 50 percent on Friday, framing it as a benefit to the US steel industry, despite uncertainty regarding its impact on trade deals with Canada, Mexico, and the UK, as well as a controversial partnership between Nippon Steel...

Trump Raises Steel Tariffs to 50 Percent

President Trump announced a tariff increase on steel imports from 25 percent to 50 percent on Friday, framing it as a benefit to the US steel industry, despite uncertainty regarding its impact on trade deals with Canada, Mexico, and the UK, as well as a controversial partnership between Nippon Steel...

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How does this tariff increase affect existing trade pacts with Canada, Mexico, and the UK?

Trump's tariff increase is part of his "America First" agenda, focusing on bolstering domestic manufacturing. However, economists warn that such protectionist measures could negatively impact US consumers through increased prices and harm other sectors like manufacturing and energy.

lexpress.fr

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May 31, 07:11

Trump Doubles Steel and Aluminum Tariffs to 50%

President Trump announced a tariff increase on steel and aluminum imports from 25% to 50%, effective June 4th, aiming to strengthen domestic industries; this follows previous tariffs and legal challenges, and involves a recently approved deal between US Steel and Nippon Steel.

Trump Doubles Steel and Aluminum Tariffs to 50%

President Trump announced a tariff increase on steel and aluminum imports from 25% to 50%, effective June 4th, aiming to strengthen domestic industries; this follows previous tariffs and legal challenges, and involves a recently approved deal between US Steel and Nippon Steel.

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What are the immediate economic consequences of the 50% tariff on steel and aluminum imports announced by President Trump?

President Trump announced a significant increase in tariffs on steel and aluminum imports, raising them from 25% to 50%, effective June 4th. This decision aims to bolster the domestic steel and aluminum industries, impacting both producers and consumers of these metals and their derivatives.

dailymail.co.uk

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May 30, 19:14

Trump Touts Steel Deal, Union Remains Skeptical

President Trump will visit a U.S. Steel plant in West Mifflin, Pennsylvania on Friday to celebrate a new partnership with Nippon Steel projected to generate 70,000 jobs and $14 billion in investment, although the United Steelworkers union expresses skepticism about the deal's details.

Trump Touts Steel Deal, Union Remains Skeptical

President Trump will visit a U.S. Steel plant in West Mifflin, Pennsylvania on Friday to celebrate a new partnership with Nippon Steel projected to generate 70,000 jobs and $14 billion in investment, although the United Steelworkers union expresses skepticism about the deal's details.

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What are the immediate economic impacts of the U.S. Steel-Nippon Steel partnership on Pennsylvania, and what is its global significance?

President Trump's visit to Pittsburgh on Friday aims to highlight a steel deal between U.S. Steel and Nippon Steel, projected to create 70,000 jobs and add $14 billion to the U.S. economy. This partnership follows previous opposition from Trump and Biden to Nippon's outright acquisition of U.S. Steel. The deal's impact on Pennsylvania's economy is anticipated to be substantial, with significant investment in the next 14 months.

us.cnn.com

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May 24, 04:09

Trump Announces U.S. Steel-Nippon Steel Partnership, Securing $14 Billion Investment

President Trump announced a partnership between U.S. Steel and Nippon Steel, involving a $14 billion investment, creating at least 70,000 jobs, and keeping the headquarters in Pittsburgh, following the blocking of a previous acquisition by President Biden and concerns over foreign control.

Trump Announces U.S. Steel-Nippon Steel Partnership, Securing $14 Billion Investment

President Trump announced a partnership between U.S. Steel and Nippon Steel, involving a $14 billion investment, creating at least 70,000 jobs, and keeping the headquarters in Pittsburgh, following the blocking of a previous acquisition by President Biden and concerns over foreign control.

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What are the immediate economic and employment impacts of the announced partnership between U.S. Steel and Nippon Steel?

President Trump announced a partnership between U.S. Steel and Nippon Steel, resulting in a $14 billion investment in the U.S. economy and the creation of at least 70,000 jobs. This follows the blocking of a previous acquisition by former President Biden and considerable political debate regarding foreign control of U.S. Steel.

dailymail.co.uk

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May 24, 01:11

Trump Approves US Steel-Nippon Steel Partnership, Projecting $14 Billion Investment

President Trump approved a partnership between US Steel and Nippon Steel, projecting a $14 billion investment and 70,000 jobs in Pennsylvania, reversing a prior rejection under President Biden due to national security concerns.

Trump Approves US Steel-Nippon Steel Partnership, Projecting $14 Billion Investment

President Trump approved a partnership between US Steel and Nippon Steel, projecting a $14 billion investment and 70,000 jobs in Pennsylvania, reversing a prior rejection under President Biden due to national security concerns.

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What are the immediate economic and employment impacts of the approved US Steel-Nippon Steel partnership?

President Trump announced his support for a partnership between US Steel and Nippon Steel, resulting in a projected $14 billion investment and 70,000 jobs in Pennsylvania. This follows a previous blocked acquisition attempt under President Biden, highlighting a shift in national security concerns and economic priorities.

cnnespanol.cnn.com

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May 24, 07:10

Trump Announces Revised US Steel-Nippon Steel Alliance

President Trump announced a revised alliance between US Steel and Nippon Steel involving a $14 billion investment and at least 70,000 new jobs, resolving previous opposition to a potential foreign acquisition of the American steel company.

Trump Announces Revised US Steel-Nippon Steel Alliance

President Trump announced a revised alliance between US Steel and Nippon Steel involving a $14 billion investment and at least 70,000 new jobs, resolving previous opposition to a potential foreign acquisition of the American steel company.

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How does this revised alliance address previous concerns regarding foreign control of US Steel and national security?

This revised alliance addresses previous concerns about foreign acquisition of US Steel, a company historically symbolic of American industrial might, now facing decades of decline. The $14 billion investment, including a new $4 billion steel plant, aims to revitalize the company and boost the US economy. The deal's success hinges on maintaining US Steel's domestic control and securing long-term commitments to unionized workers.

Showing 13 to 24 of 64 results