By Andrew Moran Nippon Steel and U.S. Steel announced on June 18 that they have finalized their nearly $15 billion acquisition deal. As a result, shares of the U.S. steel giant stopped trading on the New York Stock Exchange. A notice confirmed that the New York Stock Exchange (NYSE) informed the Securities and Exchange Commission […]
Tag: Tariffs
A tariff is a tax on imports or exports between sovereign states. It is a form of regulation of foreign trade and a policy that taxes foreign products to encourage or safeguard domestic industry. Traditionally, states have used them as a source of income.
