U.S. Steel workers and shareholders remain in limbo as to the status of its pending takeover by Japan's Nippon Steel, one week after President Trump suggested it was a done deal. The big picture: We may not get a White House decision today,

U.S. President Donald Trump hiked nearly all of his tariffs on steel and aluminum imports to a punishing 50% on Wednesday in a move that’s set to hammer businesses from automakers to home builders, and likely push up prices for consumers even further.