 | | | | (Reuters) - Shares of U.S. steel and aluminum companies posted solid gains on Thursday, while major manufacturers fell after President Donald Trump said his administration will impose tariffs on steel and aluminum imports next week. | | | | | | WASHINGTON (Reuters) - President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade partners like China and Europe and helping trigger a large selloff on Wall Street. | | | | | | WASHINGTON (Reuters) - U.S. House of Representatives Speaker Paul Ryan hopes President Donald Trump will consider the unintended consequences of his decision to slap tariffs on steel and aluminum imports, Ryan's spokesman said on Thursday. | | | | | | OTTAWA (Reuters) - Canada will retaliate if the United States imposes tariffs on Canadian steel and aluminum products, Foreign Affairs Minister Chrystia Freeland said on Thursday after U.S. President Trump announced tariffs in a move he said would protect U.S. industry. | | | | | | DETROIT (Reuters) - General Motors Co on Thursday unveiled a revamped luxury pickup truck, intensifying the battle among Detroit's Big Three automakers for fat profits at the top end of a highly lucrative segment even as overall U.S. new vehicle sales decline. | | | | | | NEW YORK (Reuters) - Major U.S. stock indexes dropped more than 1 percent on Thursday after President Donald Trump said the United States would impose import tariffs on steel and aluminum, raising concern about higher prices and a trade war. | | | | | | (Reuters) - Activist investor Carl Icahn said he owns a "large position" in Newell Brands Inc where a rival activist is already fighting to remove the entire board from the company that makes matches, markers and candles. | | | | | | (Reuters) - A proposed expansion of an Exxon Mobil Corp oil refinery could be impacted by the Trump administration's plan to place a 25 percent tariff on imported steel, a source familiar with the matter said on Thursday. | | | | | | WASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell said on Thursday the U.S. economy does not appear to be running hot, even as the influential head of the New York Fed suggested a faster pace of interest rate increases may still be in the offing for 2018. | | | | | | BRUSSELS (Reuters) - The European Union said on Thursday it would react firmly with a proposal within days for WTO-compatible countermeasures against the United States for trade restrictions on steel and aluminum, which it called a "blatant intervention" to protect U.S. industry. | | | | | | WASHINGTON, March 1 (Reuters) - U.S. Transportation Secretary Elaine Chao said on Thursday that regulators will seek public input on rules for self-driving commercial vehicles and trains, as the administration grapples with how to regulate their expected future use. | | | | | |
