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US Steel CEO warns failed sale to Nippon Steel would lead to steel mill closures

FOX Business' Jeff Flock reports from Doylestown, Pennsylvania with more from Cavuto: Coast to Coast. The CEO of U.S. Steel has warned that the company would be forced to close steel mills if a pending $14 billion investment goes ahead. Acquisition by Nippon Steel It falls. U.S. Steel CEO David Barritt said: of The Wall […]

Kamala Against Nippon’s Acquisition Of U.S. Steel

Democratic presidential candidate and U.S. Vice President Kamala Harris speaks during a campaign event at IBEW Local 5 in Pittsburgh, Pennsylvania, September 2, 2024. (Photo by Michael M. Santiago/Getty Images) By Chloe Hawkswell, OAN StaffTuesday, September 3, 2024 11:05 AM Democratic presidential candidate Kamala Harris has 45Number President Donald Trump has argued that U.S. Steel […]

Harris expected to voice opposition to US Steel sale at Pennsylvania rally

Vice President Harris is expected to voice her opposition to the U.S. Steel divestment at a joint rally with President Biden in Pennsylvania on Monday. According to her campaignHarris is expected to say U.S. Steel should remain domestically owned and operated and to emphasize her commitment to always support American steelworkers. The comments are in […]

Biden Administration Imposes Tariffs On Steel And Aluminum Shipped From Mexico

The White House announced in a press release Wednesday they would be imposing tariffs on steel and aluminum imports shipped to the U.S. through Mexico. President Joe Biden accused “foreign producers” of increasing their steel products shipped through Mexico in order  “to circumvent the duties on steel articles” imported into the U.S. in the statement. Biden […]

Biden targets China with new tariffs on steel and aluminum

President Biden on Wednesday announced new tariffs on imported steel and aluminum to keep cheap Chinese-produced metals out of the U.S. market and protect domestic production ahead of the November election. The new tariffs will focus on steel and aluminum imports from Mexico, which is a transit route for many China-origin products as the U.S. […]

‘Trump’ Stocks Are Rising: Banks, Managed Care, Steel – Barron's

Stocks that could benefit from a Trump presidency, such as banks, managed care companies and steelmakers, rose on Friday, while green energy stocks fell. President Biden’s weak performance in Thursday’s debate appears to be prompting investors to bet against “Trump” stocks and sell stocks that could lose money if Donald Trump wins in November. All […]