Keywords: Steel
The recent imposition of a 25% tariff on steel and aluminum imports by the United States is already affecting Argentina. On Wednesday, an Argentine steel company announced the dismissal of 1,000 workers in response to the new trade measures. Acindar, a subsidiary of the Indian group ArcelorMittal, reached......
In response to the imposition of 25% tariffs on steel and aluminum imports by U.S. President Donald Trump, the Brazilian government affirmed on Tuesday that Brazil would not engage in "any trade wars." The country expressed its commitment to upholding free trade and strengthening international......
In recent weeks, the global economy has felt the ripple effects of U.S. President Donald Trump’s tariffs, some of which have been implemented, while others remain in the threat stage. These tariffs have caused instability in global markets and weakened various currencies, but one significant exception......
The European Union has vowed to take firm action in response to the new US tariffs on steel and aluminum. Ursula von der Leyen, President of the European Commission, declared on Tuesday that these measures "will not go unanswered," emphasizing that the 27-member bloc will implement robust countermeasures......
U.S. President Donald Trump has unveiled plans to impose a 25% tariff on all steel and aluminum imports, alongside retaliatory tariffs aimed at countries that impose tariffs on American goods. Trump confirmed on Sunday that he would formally announce the steel and aluminum tariffs the next day, with......
Nippon Steel and U.S. Steel have filed a lawsuit to contest President Joe Biden's decision to block their $14.9 billion merger, a move they claim violated their constitutional rights. Although legal experts believe the lawsuit is unlikely to succeed, it could provide the companies with valuable time......
President Joe Biden has decided to block the proposed acquisition of US Steel by Japan’s Nippon Steel, a move that comes in response to national security concerns. The deal, valued at $14.9 billion, has been a subject of intense scrutiny, with Biden expected to formally announce his decision as......
The proposed $15 billion acquisition of US Steel by Japan’s Nippon Steel has reached a critical juncture, leaving the final decision in the hands of United States President Joe Biden. This development comes after the Committee on Foreign Investment in the United States (CFIUS) failed to reach a......
Sonasid, Morocco’s leading steel producer, has announced a 5% rise in sales, reaching MAD 3.704 billion by the end of September 2024. This growth is attributed to a 12% increase in sales volumes over the first nine months of the year, reflecting the company's effective strategies and investments. A......
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