Praise to Trump for backing the Nippon-US Steel agreement, preserving jobs and investment
Former President Donald Trump has achieved a significant success for the U.S. with a deal linking a Pittsburgh-based steel company to Japan’s Nippon Steel. This collaboration is expected to aid American workers and bolster the steel sector while strengthening ties with Japan. Trump’s executive order has laid the groundwork for this agreement, allowing the American […]
Trump doubles down on vow to block Nippon-US Steel deal
President-elect Donald Trump reiterated his intention to block Nippon Steel's planned takeover of U.S. Steel and pledged to support the U.S. steel industry. “I am completely opposed to the once great and powerful U.S. Steel being acquired by a foreign company, in this case by Japan's Nippon Steel,” Trump said. post on his social media […]
Federal decision on Nippon-US Steel takeover to be pushed back
Nippon Steel Corp., Japan's largest steelmaker, is asking for its takeover bid for U.S. Steel to be resubmitted, a person familiar with the matter told The Hill, which would delay a decision on approving the deal until after the presidential election. The Committee on Foreign Investment in the United States (CFIUS), an interagency group that […]