Nippon

On Friday, President Donald Trump announced that he is doubling U.S. tariffs on imported steel to 50%, while also endorsing the sale of U.S. Steel (NYSE:X) to Japan's Nippon Steel. What Happened: Speaking at a U.S. Steel facility in West Mifflin, Pennsylvania, Trump called the 50% tariff hike a "...

United States Steel Corp (NYSE:X) has been red-hot until the morning of April 10. After a powerful run, shares are taking a hit in premarket trading, down 10.04% as of 7:55 AM Eastern Time. The culprit? President Donald Trump's latest curveball on the Nippon Steel deal. X stock had soared 38.47%...

Shares of United States Steel Corp. (NYSE:X) gained 16% on Monday after U.S. President Donald Trump ordered a new review of its blocked acquisition by Japan’s Nippon Steel by former President Joe Biden, citing national security concerns early this year. What Happened: The White House...