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13 Best French Presses (2025): Plastic, Glass, Stainless Steel, Travel

With Bodum’s Brazil French press, functionality is the name of the game. Its simple design consists of a three-part strainer, glass carafe, and black plastic frame. While the strainer’s mesh filter isn’t nearly as effective as the Espro’s, and I noticed some coffee grounds toward the end of my brew, it still made for a … Read more

Trump wields sweeping veto power over U.S. Steel with ‘golden share’

U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters President Donald Trump now personally holds sweeping veto power over U.S. Steel’s decisions in key areas, according to an amended corporate charter filed with the Securities and Exchange Commission. U.S. … Read more

With his ‘golden share’ in U.S. Steel, Trump turns to a mechanism more common elsewhere in the world

U.S. President Donald Trump turned to a little-used mechanism—the “golden share”—to ensure that a Japanese-owned U.S. Steel doesn’t become a threat to national security. Nippon Steel, the U.S. steelmaker’s soon-to-be owner, is granting Washington special authority over the company’s operations, though the extent of those powers remains unknown.  Yet while the practice is almost unheard … Read more

Canada imposes tariffs on steel and aluminium to curb imports

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Canada’s Prime Minister Mark Carney will impose measures to counter the oversupply of steel and aluminium imports and may increase levies on the US, as increasingly protectionist measures are deployed in the global tariff war … Read more

Nippon Steel’s takeover of U.S. Steel is done

Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half after the Japanese company first proposed its nearly $15 billion buyout of the iconic American steelmaker. The pursuit by Nippon Steel for the Pittsburgh-based company was buffeted by … Read more

U.S. Steel ceases trading on the NYSE as Japan’s Nippon finalizes takeover

Rolls of steel are seen before the US president speaks during a rally at US Steel – Irvin Works in the Pittsburgh suburb of West Mifflin, Pennsylvania, on May 30, 2025. Saul Loeb | AFP | Getty Images U.S. Steel shares stopped trading on the New York Stock Exchange on Wednesday after Japan’s Nippon Steel … Read more

Trump and British PM Starmer sign trade deal to slash auto and aerospace tariffs—but steel is still under discussion

U.S. President Donald Trump and British Prime Minister Keir Starmer said Monday that they had signed a trade deal that will slash tariffs on U.K. auto and aerospace industry imports — but they are still discussing how to handle steel production. The pair spoke to reporters at the Group of Seven summit in the Canadian Rockies, with Trump brandishing the pages … Read more

Trump administration offers details of its ‘golden share’ in US Steel deal, but union says it’s ‘disappointed’

President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of what the White House calls an “investment” being made by Japan-based Nippon Steel in the iconic American steelmaker. Administration officials over the past few days provided additional insight into the “golden share” arrangement that the federal government made … Read more

Trump clears path for Nippon Steel investment in US Steel, so long as the Japanese firm complies with a ‘national security agreement’

President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government. Trump’s order didn’t detail the terms of the national security agreement. But the iconic American steelmaker and Nippon Steel said in … Read more

Trump approves U.S. Steel merger with Japan’s Nippon Steel

US President Donald Trump receives a gold helmet with his name on it during a visit to US Steel – Irvin Works in West Mifflin, Pennsylvania, May 30, 2025, to mark the ‘partnership’ between Nippon Steel and US Steel. Saul Loeb | AFP | Getty Images President Donald Trump issued an executive order on Friday … Read more

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