Biden vows to block US Steel acquisition by a Japanese company and promises tariffs on Chinese steel

Commerce Secretary nominee, Gina Raimondo, vowed to take a tough stance to protect American interests, including taking "aggressive" measures to combat Chinese practices that she believes hurt American workers......»»

In a speech Wednesday in front of the United Steelworkers, President Joe Biden doubled down on his intention to block the sale of U.S. Steel to Nippon Steel......»»

Biden Calls For Tripling Tariffs On Chinese Steel Ahead Of Speech In Swing State Of Pennsylvania The White House announced on Wednesday morning that President Biden will call for tripling tariffs on Chinese steel and aluminum in a speech.....»»

A surge in the prices of lumber and steel have made buying a new home out of reach for many Americans......»»

Biden Commerce Secretary Admits Trump's Steel And Aluminum Tariffs Saved American Jobs Authored by Ivan Pentchoukov via The Epoch Times, Secretary of Commerce Gina Raimondo told reporters at the .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

President Donald Trump praised the United States' relationship with Brazil under Brazilian President Jair Bolsonaro on Saturday, but declined to say whether he would impose steel and aluminum tariffs on the South American country......»»

The U.S. Court of International Trade has issued a temporary order under which U.S. customs agents cannot collect duties from a U.S. company under President Donald Trump's recently-announced expansion of steel and aluminum tariffs......»»

The U.S. Court of International Trade has issued a temporary order under which U.S. customs agents cannot collect duties from a U.S. company under President Donald Trump's recently-announced expansion of steel and aluminum tariffs......»»

Japanese trading house Mitsui & Co Ltd sees China's outbreak of a new coronavirus may slow manufacturing activities in automobile and other sectors, and possibly reduce steel product demand, the company's executive said on Tuesday......»»

Tariffs weren’t enough to compensate for old, accident-prone plants. Now the firm is taking financial risks to catch up with competitors using newer technology......»»

Tariffs weren’t enough to compensate for old, accident-prone plants. Now the firm is taking financial risks to catch up with competitors using newer technology......»»

Tariffs weren’t enough to compensate for old, accident-prone plants. Now the firm is taking financial risks to catch up with competitors using newer technology......»»

Tariffs weren’t enough to compensate for old, accident-prone plants. Now the firm is taking financial risks to catch up with competitors using newer technology......»»

AK Steel Holding Corp. has agreed to an acquisition deal. The West Chester-based manufacturer (NYSE: AKS) has entered an agreement with Cleveland-based Cleveland-Cliffs Inc. estimated to be worth about $3 billion. The combined firm would be led by.....»»

AK Steel Holding Corp., the largest public company in Greater Dayton, has agreed to an acquisition deal. The West Chester-based manufacturer (NYSE: AKS) has entered an agreement with Cleveland-based Cleveland-Cliffs Inc. estimated to be worth abo.....»»

President Donald Trump is prepared to levy more duties on Chinese goods in the absence of a trade deal, Commerce Secretary Wilbur Ross said Monday, shortly after the president announced the resumption of tariffs on Argentinian and Brazilian steel......»»

WTO appeals judges said in July that the United States did not fully comply with a WTO ruling and could face Chinese sanctions if it does not remove tariffs on solar panels, wind towers, steel cylinders and aluminum extrusions......»»

U.S. Steel announced Tuesday morning that it had acquired a 49.9 percent ownership interest in Big River Steel, the first step toward the acquisition of the company. U.S. Steel purchased the ownership stake for approximately $700 million in cash, w.....»»

The U.S. Department of Commerce recently issued 31% tariffs on structural steel imports from Me.....»»