United States Steel Corp. CEO David Burritt in an interview with CNBC appealed to President-elect Donald J. Trump to rescue the Pittsburgh-based company's $14.9 billion acquisition by Nippon Steel Corp.

President-elect Donald Trump says U.S. Steel will thrive under his plan to impose tariffs on other nations, putting his imprint on the debate around whether a Japanese firm should have acquired it.

Supporters of the sale of U.S. Steel to Japan’s Nippon Steel are still hopeful that Donald Trump could revive the nearly $15 billion dollar acquisition.

U.S. Steel employs thousands across its plants and offices in Pennsylvania and the state has about 10% of the nation’s steelworkers.

President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output gains are very real.

U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions to scuttle the deal.

"President-elect Trump has proposed various tariff plans at various times on the import of foreign goods, including a 10% blanket tariff on all imports, a 60% tariff on Chinese goods and 25% tariffs on goods from Mexico and Canada," says Ben Johnston, chief operating officer of Kapitus, a financial services firm that focuses on small business.

Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U.S. Steel if the federal government approves a proposed merger.

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.

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President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia