Thomas Gibson, president and CEO of the American Iron and Steel Institute, weighs in on President Trump's tariffs in this special commentary. 

The Luxembourgish multinational steel manufacturing corporation ArcelorMittal, which is the world’s largest steelmaker, reported a 42 percent year-on-year increase in third-quarter profits.

With no end of steel tariffs in sight, General Motors offers buyouts to 18,000 workers.

Former Nucor CEO and President Trump adviser Dan DiMicco gives a keynote address at Metalcon 2018 about protecting U.S. national security with steel tariffs. 

President Trump and European Commission President Jean-Claude Juncker recently agreed to pursue zero tariffs and subsidies for non-auto industrial goods. But there is no agreement yet.  

As reported by the Associated Press, President Donald Trump says the United States and the European Union are working toward “zero tariffs” and “zero subsidies” on non-automobile goods following a meeting with European officials.

The tit-for-tat has analysts fearing a protracted and escalating trade war, since President Donald Trump has threatened to enact other tariffs on hundreds of billions of dollars in Chinese goods.

Turkey is the world’s eighth biggest steel exporter, according to a recent U.S. government report.

EU officials said the tariffs represent $7.5 billion worth of trade. European Commission President Jean-Claude Juncker said the 28-nation bloc will not be bullied.

At a press conference Saturday after the end of the G-7 summit in Quebec, Trudeau said Canada, a longtime U.S., ally and trading partner, would not be “pushed around” by America.