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Market
What policy changes will affect U.S. steel industry by June 30, 2025?
2
Resolution / Starting Odds
Increased tariffs on imports • 25%
Subsidies for U.S. steel companies • 25%
No significant changes • 25%
Other measures • 25%
Official U.S. government policy announcements or major news outlets
Story
Trump Vows to Block U.S. Steel-Nippon Steel Sale if Not Finalized, Citing 50% Tariff on China
Oct 15, 2024, 05:04 PM
Former President Donald Trump announced that he would block the proposed acquisition of U.S. Steel by Japan's Nippon Steel if the deal is not finalized before the start of his potential new term. Trump expressed his concerns about the sale, citing the risk of losing American steel companies due to competitive pressures from China. He highlighted his previous actions, including imposing a 50% tariff on Chinese steel imports, as measures to protect the U.S. steel industry. Trump's remarks come amid ongoing discussions about the merger, which has also faced opposition from current President Joe Biden.
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Similar markets
Increased production • 25%
Decreased production • 25%
No significant change • 25%
Other • 25%
Significant growth in U.S. steel production • 25%
No significant change • 25%
Decline in U.S. steel production • 25%
Other outcomes • 25%
Tax incentives • 25%
Tariffs on steel imports • 25%
Subsidies for U.S. Steel • 25%
Other policy • 25%
Yes • 50%
No • 50%
Increased production • 25%
Decreased production • 25%
No significant change • 25%
Other impact • 25%
Strengthened trade restrictions • 25%
Relaxed trade restrictions • 25%
No significant change • 25%
Other • 25%
Tariff Increase • 25%
Tariff Decrease • 25%
New Trade Agreement • 25%
No Major Change • 25%
Tax Cuts • 25%
Infrastructure Bill • 25%
Trade Tariffs • 25%
Regulatory Changes • 25%
Yes • 50%
No • 50%
New trade agreement • 25%
Increased tariffs • 25%
Reduced tariffs • 25%
No change • 25%
Increase domestic production • 25%
Seek tariff reduction • 25%
Pass costs to consumers • 25%
Other strategies • 25%