Dec. 2, 2024 President-elect Donald J. Trump said on Monday night that he would block a Japanese company’s proposed acquisition of U.S. Steel upon taking office, declaring that he would not ...

There is perhaps no better example than steel to illustrate the problem. China is by far the biggest steel producer in the world, accounting for more than half of the world’s production.

Thyssenkrupp Steel has announced plans to eliminate 11,000 jobs by the end of this decade — about 40% of its workforce — becoming the latest German industrial giant to opt for drastic action ...