Trump Says Japan’s Nippon Steel Will Drop US Steel Purchase, Invest Instead
Nippon, Japan’s largest steelmaker, proposed a $14.9 billion acquisition of U.S. Steel in December 2023. Japan’s Nippon Steel is considering investing in U.S. Steel rather than owning the company, President Donald Trump said on Feb. 7. “They’ve agreed to invest heavily in U.S. Steel, as opposed to own it, and that sounds very exciting,” Trump