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U.S. Steel Stock Drops. Trump Is Altering Deal With Nippon.
U.S. Steel Stock Drops. Trump Is Altering the Deal With Nippon.
President Donald Trump is altering a deal between United States Steel and Japan’s Nippon Steel. He said Japan’s steel producer would invest in U.S. Steel instead of owning it outright. U.S. Steel stock fell after his comments.
Trump says US Steel will get investment from Nippon Steel, instead of being bought by it
President Donald Trump is suggesting that Nippon Steel will no longer buy U.S. Steel as planned, but the Japanese company will instead invest in the symbolically important American business.
Trump: Nippon Steel has agreed to invest in rather than own United States Steel Corp.
President Donald J. Trump on Friday afternoon suggested Nippon Steel Corp. has agreed to invest in United States Steel Corp. instead of acquiring the Pittsburgh-based manufacturer as it has been working toward since December 2023 in a $14.9 billion deal blocked by then-President Joe Biden last month.
1d
US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close
Nippon Steel , Japan's biggest steelmaker, said on Thursday its proposed acquisition of U.S. Steel fits with President Donald ...
43m
Gary mayor, USW leader respond to Trump remarks on Nippon, U.S. Steel deal
Trump announced Friday that Nippon Steel was dropping its $14.1 billion acquisition of the American steel company and would ...
The Associated Press on MSN
11d
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
1d
ArcelorMittal plans no preemptive US steel shipments ahead of tariffs, CFO says
ArcelorMittal , the world's second largest steelmaker, has not increased steel shipments into the United States to get ahead ...
15h
U.S. Steel recovers after Trump says mind unchanged on takeover
President Donald Trump, during a meeting with visiting Japanese Prime Minister Shigeru Ishiba, said he hasn’t changed his mind on Nippon ...
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