USA Department of Commerce strikes hard! Nippon Steel faces a 29% tariff barrier, adding uncertainty to the $14.1 billion acquisition.

The U.S. Department of Commerce has decided to impose anti-dumping duties of up to 29% on Nippon Steel Corporation, just as the company made a commitment to anti-imports when acquiring a United States steel company.

Zhitong FinanceNov 18 22:24 ET

'Nippon Steel Makes Anti-Import Vow To Win Over U.S. Steel Workers; Nippon Steel's Mori Makes Appeal In Letter To Union Workers; Letter Includes Vow Not To Import Foreign Steel Slabs Into U.S.' - Bloomberg

BenzingaNov 18 10:40 ET

Express News | Nippon Steel Makes Anti-Import Vow to Win Over US Steel Workers- Bloomberg News

ReutersNov 18 10:37 ET

Nippon Steel Makes Anti-Import Vow to Win Over US Steel Workers

BNN BloombergNov 18 10:28 ET

United States Steel Options Spot-On: On November 15th, 162.85K Contracts Were Traded, With 1.73 Million Open Interest

Moomoo NewsNov 15 16:30 ET

Express News | Shares Of U.S. Steel See Volume; Bloomberg Report Titled, "Trump Pivots to Silence on US Steel Deal Amid Growing Tensions Trump Had Pledged to Block Nippon Steel's $14.1 Billion Bid"

BenzingaNov 15 15:36 ET