Friday, August 1, 2025

Tag: steel

Walmart Recalls 850,000 Tumblers Over Injury Risk From Exploding Lids

Walmart recalls 850,000 Ozark Trail tumblers due to serious injury risks from lids, urging consumers to stop use and seek refunds.

From Japan to Wall Street: Nippon Steel’s Make-or-Break Financial Move

Nippon Steel's acquisition of U.S. Steel involves complex financing strategies, raising concerns about debt and economic conditions.

Japan’s Steel Giant Takes Over US Steel: What It Means for American Workers

Nippon Steel acquires U.S. Steel for $14.1 billion, ensuring U.S. government oversight and maintaining its headquarters in Pittsburgh.

Trump Pushes Back on Japan’s $7B Steel Deal—Stock Tanks 16%

Trump opposes the sale of U.S. Steel to Japanese investors, emphasizing national security and reviewing the acquisition's risks.

Markets Ease Off Lows as Nasdaq Edges Up 0.1%

The New York stock market stabilizes after steep declines, with mixed results among tech stocks amid ongoing tariff negotiations.

EU to Clamp Down on Korean Steel, Quotas Drop Starting April 1

The EU will cut South Korea's tariff-free steel import quota by 14%, impacting the steel industry significantly from April 1.

Canada Strikes Back: 25% Tariffs on $21 Billion in U.S. Goods

Canada imposes a 25% tariff on $21 billion of U.S. goods in retaliation for U.S. tariffs on steel and aluminum, emphasizing sovereignty.

Trump’s Tariff Tactic: 50% on Steel and Aluminum, Pushing Market into Turmoil

Trump raises tariffs on Canadian steel and aluminum to 50% in response to Ontario's electricity tax, affecting U.S. stock markets.