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The United Steelworkers said investor Ancora wants to sell U.S. Steel Corp.’s state-of-the-art mills to fund sweeping upgrades of union-run facilities.

President Donald Trump’s steel and aluminum tariffs played out across the country as ripples materialized with broad-reaching impacts on automakers, builders and consumers.

President Trump increased tariffs on all steel and aluminum imports to 25%, promising that the taxes would help create factory jobs at a time when his tariff threats are jolting the stock market.

If President Donald Trump’s tariffs on steel and aluminum take effect at a minute past midnight in Washington on March 12, it will mark a repeat of first-term levies — with one major difference.

President Donald Trump’s threatened steel tariffs that don’t kick in for two weeks are impacting U.S. buyers who already are seeing American-made metal cost more than imports.

Nippon Steel reiterated its objective for the $14.1 billion takeover of U.S. Steel after President Donald Trump said the Japanese company was considering an investment instead.

Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

When asked what chief executive officers think about his recently announced steel and aluminum tariffs, Trump said they’re “in love with them.” U.S. Steel is “through the roof,” he said.

President Donald Trump on Feb. 10 removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. 

WASHINGTON — President Donald Trump said he will announce Feb. 10 that the U.S. will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico.