GM CFO Paul Jacobson spoke at a recent conference about the automaker's plans to mitigate the costs of new tariffs imposed by the Trump administration.

Steel companies in South Korea and Vietnam faced big losses on Monday after U.S. President Donald Trump announced he would double tariffs on steel and aluminium imports to 50%. These new tariffs are set to start on June 4 and come as part of an escalating global trade conflict.

Donald Trump plans to increase tariffs on imported steel and aluminium to 50 per cent from 25 per cent, ratcheting up pressure on global steel producers and deepening his trade war.“We are going to be imposing a 25 per cent increase.

The U.S. government has announced a significant increase in tariffs on steel and aluminum, aiming to bolster domestic industries. This move, led by President Donald Trump, targets unfair trade practices and global overproduction.

European steel buyers and some manufacturers could benefit from 50% U.S. tariffs on the metal, but the potential for the eye-watering duty rate has rocked the already struggling industry. U.S. steel prices are set to climb further as a result of the higher tariff rate expected to come into effect this week,

Trump doubled steel and aluminum tariffs to 50%, effective June 4. South Korean and Vietnamese steel stocks fell following the announcement. South Korea is seeking exemptions and holding talks to mitigate the impact. Shares of South Korean and Vietnamese ...

Experts, lawmakers, and industry people—alongside Canadian officials—have issued stark warnings about Trump's plan.

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation hitting a four-year low.

Steel Minister HD Kumaraswamy says increased US tariffs may slightly affect India. This follows Donald Trump's plan to raise steel tariffs to 50%. A report suggests India's metal exports could face significant consequences.