President Trump allowed Nippon Steel to acquire U. S. Steel but only by framing it as a “partnership,” while national ...

The Institute for Supply Management, an association of purchasing managers, reported that manufacturing activity in the ...

A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.

Biden made the merger an issue on the campaign trail, particularly in Pennsylvania, a swing state home to U.S. Steel. In March 2024, Nippon submitted the purchase to the CFIUS for approval.

The leader of the Republican Party, which has governed on and off since the 1980s, promising to get the government off the backs of the American people, has decided that the steel industry of the ...

U.S. President Donald Trump has confirmed that the newly announced 50% tariff on copper imports will take effect on Aug. 1, ...

The Trump administration is delaying mandates that would have forced steelmakers U.S. Steel and Cleveland-Cliffs to cut toxic ...

HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...

The bidding war for U.S. Steel was sparked in August 2023, when Cleveland-Cliffs made an unsolicited offer to acquire U.S. Steel for $7.25 billion. Both companies are major suppliers of steel to the U ...

A deal between Nippon and U.S. Steel was first proposed in late 2023. Then-President Joe Biden rejected the deal on national security grounds near the end of his time in office, but President ...

President Trump announced Friday his administration would be doubling tariffs on steel imports from 25 percent to 50 percent during a visit to Pennsylvania focused on boosting the U.S. steel industry.

Trump's executive order approving Nippon Steel's acquisition of U.S. Steel brings $14 billion for modernization, preserves jobs, and strengthens alliance with Japan against China ...