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US Steel Sees Pennsylvania Overhaul Costing Up to $2.5 Billion

The US Steel Corp. Mon Valley Works–Irvin Plant behind homes in Glassport, Pennsylvania, US, on Sunday, April 7, 2024. The Japanese bid to take over United States Steel Corp. had widely been viewed as a slam-dunk offer — the only sticking point was winning over the union and, in turn, its political leverage.

Bloomberg Markets 1d ago

India Bargains Hard in Key US, UK Trade Talks This Week

Steel coils at a plant in Jajpur, India.

Bloomberg Markets 8d ago

How Liminalism Became the Defining Aesthetic of Our Time

How Liminalism Became the Defining Aesthetic of Our Time This crowd-curated digital movement is one of the most pertinent and explicit reactions to our particular slice of dystopian late capitalism. Had Century III Mall in West Mifflin, Pennsylvania not closed seven years ago, the shopping center — the third-largest in the world when it opened, with 200 tenants — would be approaching its 50th anniversary. Anchored by defunct local department store chains, including Joseph Horne Company,...

Hacker News 3d ago

Canada seeks USMCA renewal for 16 years, sector tariff discussions

Canada seeks USMCA renewal for 16 years, sector tariff discussions Trade discussions between the two countries have been frozen since late last year. Canada has written to the United States and Mexico with its recommendations to renew a trilateral trade agreement for 16 years while seeking parallel talks on sectoral tariffs before a meeting between Canadian and US trade negotiators later in the day. Canada’s minister responsible for Canada-US trade, Dominic LeBlanc, outlined his suggestions...

Al Jazeera 7d ago

Trade MEPs back EU–US deal despite watered-down safeguards

Members of the European Parliament's trade committee approved the EU-US trade deal, paving the way for its final adoption in June, despite some MEPs' concerns over US President Donald Trump's coercive approach. Lawmakers on the European Parliament's Committee on International Trade on Tuesday approved legislation eliminating EU duties on most US industrial goods, paving the way for a final adoption of the EU-US deal in plenary later this month. The two legislative files which formed the deal...

Euronews 8d ago

Supporters of India's Gen Z 'cockroach' party stage first protest in New Delhi

Supporters of India's Gen Z 'cockroach' party stage first protest in New Delhi Hundreds of mostly young Indians gathered in New Dehli on Saturday for the first street protest organised by the Cockroach Janata Party – a movement which began as an online joke but has quickly gained momentum among Indian youth disillusioned with their education, jobs and economic prospects. To display this content from YouTube, you must enable advertisement tracking and audience measurement. One of your browser...

France 24 4d ago

European Parliament committee votes to scrap US tariffs

European Parliament committee votes to scrap US tariffs June 2, 2026A European Parliament committee voted overwhelmingly on Tuesday to remove EU import duties on a raft of US goods. The tariff cuts are key to complying with a US-EU trade deal that was agreed in July last year and averting the return of a trans-Atlantic trade row. US President Donald Trump gave the bloc until July 4 to ratify the deal or face higher tariffs on European goods.

Deutsche Welle 8d ago

India-US deal: $140bn trade ties moves closer to new framework agreement

NEW DELHI: India and US have finalised most elements of the legal text of the first tranche of the bilateral trade agreement, with negotiations now focused on "commas and full stops", commerce and industry minister Piyush Goyal said Monday, but the treaty, in the works for 15 months, will only be sealed after there is clarity on how the Trump administration deals with the tariff mechanism once the current 10% levy goes away next month. While US is expected to rely on Section 301, under which...

Times of India 8d ago

STEPHEN MOORE: This tariff is an expensive gift to China and our families will pay for it

I’m a free trader, but I also understand that for competitiveness and strategic reasons, President Trump’s trade tariffs are used as leverage to help make trade freer and fairer. He’s a master negotiator, who has used the tariff threat to force other nations to play by the rules and level the playing field. But some specific tariffs don’t make sense, and instead of saving jobs, they raise prices for consumers – especially when there is no viable domestic producer here at home.

Fox News 5d ago