The United States has officially doubled tariffs on foreign steel and aluminium to 50 per cent, following President Donald Trump’s announcement to bolster the American steel industry. This controversial move,
US Steel
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In a significant move that could strain US-Japan relations, President Joe Biden is poised to block Nippon Steel’s £15 billion acquisition of US Steel. The announcement, expected as early as
Nippon Steel agreed to purchase US Steel for $14.9bn, its largest acquisition ever. The Japanese group is targeting the American market through this deal. The fourth-largest steelmaker in the world
