by Lucas Shum | Feb 10, 2025 | Domestic, Economics, Politics, Stock Market
In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...
by Disun Holloway | Sep 4, 2024 | Domestic, Economics, International Buzz
Steel stocks took a sharp hit as the White House prepares to block the $14.9 billion takeover of U.S. Steel by Japan’s Nippon Steel. President Joe Biden is expected to announce his decision to halt the acquisition soon, according to a report by The Washington...