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Dow Futures Slip Over 100 Points After Trump Announces Doubling Steel Tariffs, Nikkei Down
Sunday, June 1, 2025 - 10:19pm | 474U.S. Stock futures fell on Sunday evening, starting the new month on a sobering note, amid fresh steel and aluminum tariff concerns over the weekend. Starting with the S&P 500 Futures trading at 5,896.25, down 0.33%, followed by Nasdaq Futures at 21,279.50, down 0.45%, and finally Dow Jones...
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US, EU Join Forces To Tackle China's Steel Surplus, Reshaping Trump-Era Tariffs
Thursday, September 7, 2023 - 9:20am | 656The U.S. and the EU are on the verge of a groundbreaking partnership aimed at countering China’s burgeoning steel surplus. This audacious move not only seeks to curb excess steel production, but also aims to bury the hatchet on a long-standing trade dispute that traces its roots back to the...
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Trump Targets Steel From Brazil, Mexico
Wednesday, September 2, 2020 - 2:44pm | 469Aiming to protect the U.S. steel industry during the pandemic, the Trump administration has announced cuts on steel imports from Brazil. The president also took steps to curb steel imports from Mexico by pushing for increased supervision of its export levels of certain products, including standard...
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Appeals Court Finds Trump's 25% Steel Tariff Constitutional
Monday, March 2, 2020 - 10:50am | 552The U.S. Court of Appeals for the Federal Circuit on Friday upheld a decision by the Court of International Trade that found President Donald Trump did not violate the U.S. Constitution when he imposed a 25% tariff on steel imports in March 2018. In June 2018, the Alexandria, Virginia-based...
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Canada Exempts Additional US Steel From Retaliatory Tariffs
Monday, April 22, 2019 - 11:08am | 440Canada has issued new exemptions to retaliatory tariffs on U.S. steel imports, despite recent indications that additional measures against the Trump Administration's trade policies were forthcoming. Canada's Department of Finance quietly released a list of products on April...
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Analyst: For US Steel, Tariffs Are A Sell-The-News Event
Tuesday, March 13, 2018 - 11:29am | 373The U.S. steel industry may have gotten a boost from President Donald Trump’s recently announced import tariffs on steel and aluminum. The tariff announcement could be an excellent opportunity for investors to sell shares of United States Steel Corporation (NYSE: X), according to...
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Gary Cohn Resigns As Trump's Chief Economic Adviser
Wednesday, March 7, 2018 - 9:43am | 395U.S. equity futures were trading notably in the red Wednesday morning after White House chief economic adviser Gary Cohn resigned from his post. What Happened Cohn was favorably viewed by investors as being a "business-friendly" voice in the White House given his background as an ex-...
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Trump's Comments On Steel, Aluminum Tariffs Shake The Markets
Thursday, March 1, 2018 - 3:21pm | 697Steel and aluminum stocks are popping on Thursday while the rest of the market crashes after President Donald Trump said he will be announcing new steel and aluminum tariffs as early as next week. What You Need To Know Trump said Thursday the U.S. will implement a 25 percent tariff on steel...
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US Steel, Aluminum Stocks Rally After Commerce Dept. Calls For Tariffs
Friday, February 16, 2018 - 3:07pm | 516Steel and aluminum stocks moved sharply higher Friday after the U.S. Commerce Department issued a recommendation to President Donald Trump to enact steep tariffs or quotas on foreign companies. What You Need To Know Trump's administration looked into the topic of steel and aluminum imports...