US import costs of steel and aluminium, used in everything from baseball bats to cars and aircraft parts, are expected to rise by more than $100bn after Donald Trump raised tariffs on the metals to 50 per cent this week.

Nippon Steel Corp. and United States Steel Corp. are on pace to finalize their $14.1 billion combination with US President Donald Trump’s administration ahead of a deal deadline later this month, capping an 18-month saga to combine the steelmakers into the world’s second-largest producer.

Russia-Ukraine peace is not happening soon, according to President Donald Trump. Stalled out: Talks between Russia and Ukraine have largely fallen apart, as Russia insists on international recognition of annexed Ukrainian land. Tariffs on steel and aluminum doubled to 50 percent.

When it comes to President Trump's 50% tariffs on steel and aluminum, big ticket items such as cars, washing machines and heavy machinery often come to mind, but as Jo Ling Kent reports, they're hitting smaller,

The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel tariffs.

President Trump doubled steel and aluminum tariffs to 50%. Greg Colibert, owner of Steel Products Manufacturing in Salt Lake City, joins Katy Tur to share his concerns on the new tariffs and how it will impact his business.

Steel stocks soared Monday after President Donald Trump dropped a tariff bombshell at a rally in Pennsylvania on Friday evening.He plans to double imports on foreign steel to 50% from 25%. That move is designed to help the domestic industry.

Fetterman continued to distance himself from his party at an event celebrating bipartisanship.