Trump Escalates Trade War: 50% Tariffs on Canadian Cars, Trucks and Parts
Trump announces 50% tariffs on Canadian cars, trucks, parts & steel from Jan 1, 2027, after trade talks with Canada collapse. Markets react.
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U.S. Steel Shares Fall as Reports Signal Halving of Canada Tariffs
Shares of Cleveland-Cliffs, Nucor and Steel Dynamics fell after a Bloomberg report signaled a deal to cut Canadian steel and aluminum tariffs from 50% to 25%.
Cleveland-Cliffs Extends POSCO Deal Timeline to H1 2026 Amid Q4 Losses
Cleveland-Cliffs reports Q4 2025 losses but sees brighter 2026 outlook. POSCO partnership negotiations extended to first half 2026. Stock drops 19% on disappointing results.
Cleveland-Cliffs Explores Rare Earths After Beating Q3 Targets
Steel maker Cleveland-Cliffs beats Q3 earnings expectations and reveals rare-earth exploration plans at Michigan and Minnesota mines to reduce China dependence.