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The Trump Tariff Twist That's Cost U.S. Steel $5.5 Billion

Since Trump announced tariffs on foreign steel, U.S. Steel lost almost 70 percent of its market value.

Workers at the British Steel plant in Scunthorpe are living under a cloud as the plant's future remains uncertain.

The train track firm wants to take over the railways division of the insolvent UK steelmaker.

Bids for the stricken company should be submitted before a Sunday deadline.

The move by the Business Committee follows the recent liquidation of the firm, putting 5,000 jobs at risk.

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