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In February, Trump said that Nippon Steel would look to invest in U.S. Steel, rather than own the iconic American company. Trump doubled U.S. tariffs on steel imports to 50% on June 4.
In explaining his reversal, Trump called it a “partnership” and noted that Nippon Steel agreed to invest $15 billion in US Steel. This includes $2.5 billion that the company had already ...
President Donald Trump signed an executive order on June 13 paving the way for Japan-based Nippon Steel to acquire U.S. Steel as long as the company remains "in compliance” with a national ...
President Donald Trump issued an executive order on Friday approving U.S. Steel's merger with Japan's Nippon Steel, after the companies signed a national security agreement with the U.S. government.
Trump's statement Friday left it vague as to whether he's approving Nippon Steel’s bid after vowing to block it. Nippon Steel's nearly $15 billion bid to buy U.S. Steel was blocked by former ...
WASHINGTON — President Trump announced Friday that Japan-based Nippon Steel will be allowed to invest in US Steel, ending a years-long drama over the fate of a company once synonymous with ...
President Donald Trump signed an executive order on June 13 paving the way for Japan-based Nippon Steel to acquire U.S. Steel as long as the company remains "in compliance” with a national ...
President Donald Trump, in an executive order Friday, approved U.S. Steel’s merger with Japan’s Nippon Steel. The merger’s approval came after the two companies signed a national security ...