Several competing interests are scrambling to secure the future of a major steelworks, with stakeholders considering government support to maintain production and guarantee essential resources.

Parliament has been called back to legislate on emergency measures aimed at safeguarding a troubled domestic steel manufacturer, with policymakers seeking to preserve jobs and maintain the country’s industrial backbone.

Critics described the sudden revelation of a 145% levy on Chinese imports as a “self-inflicted wound,” prompting accusations of possible market manipulation and stirring widespread investor unease.

Donald Trump paused a global trade dispute yet imposed a 125% tariff on Chinese imports, prompting a short-term surge in share prices and sparking debate over the direction of international commerce.