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President Trump announced that Japan’s Nippon Steel was dropping its $14.1 billion acquisition of the Pittsburgh-headquartered U.S. Steel and would instead be making an “investment, rather ...
President Trump voiced opposition to Nippon Steel's $14 billion bid for US Steel, according to the New York Post. President Biden blocked the deal in January on national security grounds, leading ...
The US Steel-Nippon deal appears off again after Trump reiterated that it should not be sold to Japan shortly after ordering a positive review of the deal. Read why I rate X as Sell.
President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” ...
The order signed by President Trump said the CFIUS review provided “credible evidence” that Nippon Steel “might take action that threatens to impair the national security of the United ...
Still, Trump's statement left it vague as to whether he is approving Nippon Steel's bid after he vowed repeatedly to block the deal to prevent U.S. Steel from being foreign-owned.
President Trump announced ... The statement also says Nippon has a history of unfair trade practices, adding despite recent imposed duties and penalties, Nippon is being rewarded. To learn more about ...
American officials now value the transaction at $28 billion, including the purchase bid and a new electric arc furnace — a more modern steel mill that melts down scrap — that they say Nippon ...
Trump's statement on a "planned partnership" between the two companies left it vague as to whether he is approving Nippon Steel's bid after he vowed repeatedly to block the deal to prevent U.S ...
President Donald Trump says U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a “partnership” between the American steelmaker and Japan-based Nippon Steel, which ...