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U.S. President Trump speaks from the Oval office on interest rates, tariffs and more.
Following recent developments, U.S. Steel's stock appears to be in a good spot to attract investors' attention in 2025. In spite of certain short-term risks, the probability of U.S. Steel outperforming its Cleveland-based peer is quite high. The turnaround story deserves attention as asset turnover and margins improvements could have a profound impact on the current multiple.
While tariff chatter dominates headlines, JPMorgan analyst Bill Peterson sees bigger implications for steel stocks beyond the political drama.
President Donald Trump has announced plans to impose a 25% tariff on all steel and aluminum imports into the US, raising concerns about potential retaliation from trading partners. "He ran for election threatening a trade war.
The steel industry is back in the news again, courtesy of President Trump. The president is leaving his mark on the negotiations between Japanese company Nippon Steel OTCMKTS: NPSCY and United States Steel NYSE: X.
United States President Donald Trump is doubling down on imposing tariffs on goods entering the country, this time targeting a 25% tax on all steel and aluminum imports.
Oil prices were steady on Tuesday as traders digested another round of trade tariffs, this time a 25% levy on all U.S. imports of steel and aluminium, which could weigh on global economic and energy demand in the world's biggest oil consumer.
These stocks are worth keeping an eye on as President Trump has implemented a 25% tariff on imported steel and aluminum products.
Bloomberg News Metals & Mining Reporter Joe Deaux joins Bloomberg Businessweek to discuss President Trump's plans to impose 25% tariffs on steel and aluminum imports. -------- More on Bloomberg Television and Markets Like this video?
Activist investors, the president, foreign leaders, unions, and tariffs all figure in a U.S. Steel story that continues to be wild.