Donald Trump has broad executive authority to impose tariffs for national security reasons, and may be considering invoking a ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

Statement from President Joe Biden As I have said many times, steel production—and the steel workers who produce it—are the ...

It is important that we maintain strong American steel companies powered by American steel workers. I told our steel workers ...

A section of the joint statement details the ... the burden of proof is on those opposing Japanese investment in American steel production to explain why it does. CFIUS could not meet this burden ...

Japan's Nippon Steel said on Thursday that it had extended the closing period for its planned purchase of U.S. Steel, worth nearly $15 billion. The company expressed confidence that the acquisition ...

Both Biden and President-elect Donald Trump have courted unionized workers at U.S. Steel and vowed to block the acquisition amid concerns about foreign ownership of a flagship American company.

Copyright 2025 The Associated Press. All Rights Reserved. The United States Steel logo is pictured outside the headquarters building in downtown Pittsburgh, April 26 ...

"The proposed US Steel-Nippon transaction represents nothing more than corporate greed, selling out American workers and jeopardizing the long-term future of the domestic steel industry and our ...