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Tag: steel

WEST MIFFLIN, PENNSYLVANIA - MAY 30: President Donald Trump speaks to supporters during a rally at the US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania. President Trump visits the steel factory after greenlighting the long-proposed merger between U.S. Steel and Tokyo-based Nippon Steel.(Photo by Jeff Swensen/Getty Images)

Trump announces 50% tariff on steel imports at Pittsburgh rally, celebrates Nippon Steel deal ‘creating and saving over 100,000 American jobs’

President Donald Trump announced that he will be doubling tariffs on steel to 50% during a Pittsburgh rally at U.S. Steel’s Irvin Works on Friday.

Read More Trump announces 50% tariff on steel imports at Pittsburgh rally, celebrates Nippon Steel deal ‘creating and saving over 100,000 American jobs’
WASHINGTON, DC - MARCH 13: Treasury Secretary Scott Bessent speaks to reporters outside the West Wing after doing a television interview on the North Lawn of the White House on March 13, 2025 in Washington, DC. Bessent stopped to speak to reporters briefly and took a question on tariffs and voiced his concerns about a potential government shutdown. (Photo by Andrew Harnik/Getty Images)

Bessent Warns Tariffs Will Rise If Nations Don’t Negotiate Trade In ‘Good Faith’

U.S. Treasury Secretary Scott Bessent warned other nations that the United States could reintroduce the reciprocal tariff levels if foreign countries fail to negotiate in “good faith.”

Read More Bessent Warns Tariffs Will Rise If Nations Don’t Negotiate Trade In ‘Good Faith’
ABU DHABI, UNITED ARAB EMIRATES - MAY 16: U.S. President Donald J. Trump boards Air Force One as he departs the Al Bateen Executive Airport on May 15, 2025, in Abu Dhabi, United Arab Emirates. Trump is on the fourth and final day of his visit to the Gulf to underscore the strategic partnership between the United States and regional allies including the UAE, focusing on security and economic collaboration. (Photo by Win McNamee/Getty Images)

Trump: U.S. To Notify Hundreds Of Countries Of New Tariff Rates—‘They’ll Be Paying To Do Business’

President Donald Trump announced Friday that the White House will be informing other countries about how much they will be tariffed via letters and what they will be required to pay on exported goods to the United States.  

Read More Trump: U.S. To Notify Hundreds Of Countries Of New Tariff Rates—‘They’ll Be Paying To Do Business’
Shipping containers are stacked high at the Port of Long Beach on March 4, 2025 in Long Beach, California, as US President Donald Trump's tariffs on Canada and Mexico take effect. US President Donald Trump could announce a compromise tariff arrangement with Canada and Mexico on March 5, his commerce secretary said in an interview, shortly after sweeping 25-percent levies went into effect.

Democrat-Led Senate Vote Falls Short In An Effort To Halt Trump’s Tariff Plan

An effort by Senate Democrats to overturn President Donald Trump’s sweeping tariff policy fell short on Wednesday.

Read More Democrat-Led Senate Vote Falls Short In An Effort To Halt Trump’s Tariff Plan
BREMERHAVEN, GERMANY - APRIL 22: Cars of German car maker Mercedes stand at the automotive terminal of Bremerhaven port on April 22, 2025 in Bremerhaven, Germany. German automakers are facing continued uncertainty over the tariffs policy of U.S. President Donald Trump. While Trump has imposed a 25% tariff on European cars and auto parts imports, he has also suggested he may rescind these tariffs in some form. He said too he expects to reach a "deal" with the EU over tariffs soon. (Photo by Focke Strangmann/Getty Images)

Trump Plans Auto Tariff Relief By Granting Steel, Aluminum Exemptions To Carmakers

The Trump administration announced on Tuesday that they will roll back automotive tariffs on imported car parts. 

Read More Trump Plans Auto Tariff Relief By Granting Steel, Aluminum Exemptions To Carmakers
Traders work on the floor of the New York Stock Exchange (NYSE) during afternoon trading on April 9, 2025 in New York. Wall Street stocks rocketed to close solidly higher Wednesday, with dramatic advances on all three major indexes as US President Donald Trump delayed steep new tariffs hours after they took effect. The Dow Jones Industrial Average surged 7.9 percent to 40,608.45, the broad-based S&P 500 Index rallied 9.5 percent to 5,456.90, and the tech-focused Nasdaq Composite Index jumped more than 12.2 percent to 17,124.97. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal

U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs. 

Read More Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal

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