steel – Page 2 – One America News Network

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.

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.

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on April 8, 2025, in New York City. Wall Street stocks surged higher early Tuesday as global markets rallied following deep losses in hopes of trade agreements that would remove US President Trump's heavy tariffs. All three major US indices were up more than three percent in early trading as Trump described an upbeat call with the head of South Korea while US Treasury Secretary Scott Bessent said Japan had sought quick negotiations. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

U.S. Stocks Rise As Global Trade Partners Seek Tariff Talks With Trump

U.S. stocks shot up Tuesday morning after multiple reports have indicated overseas trading partners are now rushing to negotiate with President Donald Trump over his “reciprocal” tariffs.

A $100-dollar bill is seen on top of Euro bills in Bogota, on July 12, 2022. The euro struck parity with the dollar for the first time in nearly 20 years on Tuesday as a cut in Russian gas supplies to Europe heightened fears of a recession in the eurozone. (Photo by DANIEL MUNOZ / AFP) (Photo by DANIEL MUNOZ/AFP via Getty Images)

EU Caves To Trump, Calling For A ‘Zero-For-Zero’ Tariff Resolution: ‘We Stand Ready To Negotiate’

The European Union (EU) has seemingly conceded to President Donald Trump’s demands following his introduction of retaliatory tariffs — offering a “zero-for-zero” tariff resolution on all industrial goods.

People walk past a Hyundai exhibition booth at the Bharat Mobility Global Expo 2025, in New Delhi on January 21, 2025. (Photo by Money SHARMA / AFP) (Photo by MONEY SHARMA/AFP via Getty Images)

Hyundai Announces $20B U.S. Investment, Including Louisiana Steel Plant, Amid Tariff Concerns

Car manufacturer Hyundai plans to invest $20 billion in the United States, including into a new steel plant in Louisiana, adding to the list of major foreign businesses set to move more of its operations to America in order to avoid tariffs.

Canadian Furniture Maker Closes B.C. Plant, Moves Operations To North Carolina Amid Trump Tariffs

Unifor, Canada’s largest private sector union, announced that Canadian furniture maker Prepac is closing down its manufacturing plant in Delta, British Columbia (B.C.), moving all production to its other manufacturing plant in North Carolina — which first opened in 2021.