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Tag: steel

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. 

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

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

Read More Hyundai Announces $20B U.S. Investment, Including Louisiana Steel Plant, Amid Tariff Concerns
(L) WASHINGTON, DC - MARCH 06: U.S. President Donald Trump speaks before signing executive orders in the Oval Office of the White House on March 06, 2025 in Washington, DC. President Trump signing a series of executive orders, including, lifting 25% tariffs for all goods compliant under USMCA trade agreement, terminating the security clearances of those who work at the law firm Perkins Coie, combating drug trafficking at the northern border and announced a $20 billion investment by shipping giant CMA CGM for U.S. infrastructure and jobs. (Photo by Alex Wong/Getty Images) / (R-top) Unifor logo. / (R-Bottom) PREPAC logo.

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. 

Read More Canadian Furniture Maker Closes B.C. Plant, Moves Operations To North Carolina Amid Trump Tariffs
WASHINGTON, DC - MARCH 12: U.S President Donald Trump speaks during a St. Patrick’s Day event with Irish Taoiseach Micheál Martin and his wife Mary O'Shea in the East Room of the White House on March 12, 2025 in Washington, DC. Martin traveled to the United States for the Irish leader's annual St. Patrick's Day visit where he attended a luncheon with Congressional leaders and a meeting in the Oval Office with Trump. (Photo by Kayla Bartkowski/Getty Images)

Trump Threatens 200% Tariff On European Wines And Champagnes Amid Escalating Trade Tensions

President Donald Trump on Thursday morning threatened to put a massive 200% tariff on wine and champagne that is shipped from Europe if the European Union (EU) does not remove a tariff on whisky. 

Read More Trump Threatens 200% Tariff On European Wines And Champagnes Amid Escalating Trade Tensions
WASHINGTON, DC - MARCH 12: U.S. President Donald Trump (L) greets Irish Taoiseach Micheal Martin at the North Portico of the White House West Wing on March 12, 2025 in Washington, DC. Martin is visiting the United States for the Irish leader's annual St. Patrick's Day visit where he met with Trump ahead of a St. Patrick's Day luncheon with Congressional leaders. (Photo by Chip Somodevilla/Getty Images)

Trump Highlights ‘Massive’ Trade Imbalance In Talks With Irish PM, Praises Strong Bilateral Ties

Irish Prime Minister Micheál Martin met with President Donald Trump on Wednesday for an annual St. Patrick’s Day celebration, leading Trump to discuss the “massive” trade imbalance between the two nations.

Read More Trump Highlights ‘Massive’ Trade Imbalance In Talks With Irish PM, Praises Strong Bilateral Ties

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