President Donald Trump touts Nippon Steel’s partnership with U.S. Steel, calling it “a blockbuster agreement" that ensures the company “stays an American company."

President Donald Trump announced on Friday that he plans to double the tariffs on steel and aluminum imports—increasing the charge from 25% to 50%.The tariff escalation comes at a precarious time, as Trump’s “reciprocal” tariffs are immersed in legal trouble at the court level and many U.

In a speech to U.S. steelworkers on Friday, President Donald Trump said he will increase tariffs on imported steel to 50%. “We are going to be imposing a 25% increase. We’re going to bring it from 25% to 50%, the tariffs on steel into the United States of America,” Trump said.

U.S. President Donald Trump's comments supporting Nippon Steel's $14.9 billion bid for U.S. Steel left lingering questions about the scope of the deal and its costs for the Japanese firm, leading to muted gains for its shares on Monday.

President Donald Trump is holding a rally in Pennsylvania on Friday to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel, which he says will keep the iconic American steelmaker under U.

President Donald Trump’s doubling of tariffs on foreign steel and aluminum could hit Americans in an unexpected place: grocery aisles