Steel, Trump and Nippon
Digest more
This deal shows Trump was willing to look past his own preconceived ideas of what U.S. Steel should look like and toward the reality that billions of dollars of investment in well-paying steel jobs in the Rust Belt was too much to pass up.
By Jeff Mason, Alexandra Alper and Trevor Hunnicutt WEST MIFFLIN, Pennsylvania (Reuters) -U.S. President Donald Trump on Friday lauded an "agreement" between Nippon Steel and U.S. Steel at a political rally but stopped short of clarifying whether he planned to approve the companies' diplomatically sensitive merger.
President Donald Trump’s pivot to champion Nippon Steel Corp.’s bid to buy US Steel Corp. raises the prospect of fresh positive momentum for Japan’s sluggish negotiations with the US over tariff relief.
2d
ABC27 on MSNGovernor Shapiro expresses support for President Trump’s ‘partnership’ with Nippon Steel; details pendingFormer President Joe Biden and President Donald Trump don’t agree on much, but they both agreed that they should block the sale of US Steel to Japan’s Nippon Steel, feeling that a great American company should not have foreign ownership.
U.S. President Donald Trump on Friday expressed support for Nippon Steel's $14.9 billion bid for U.S. Steel, saying their "planned partnership" would create jobs and help the American economy. Shares of U.