WASHINGTON — President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically important
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The president said Nippon Steel would invest in U.S. Steel rather than take over the storied American manufacturer. He also said DOGE would look for savings at the Pentagon and Education Department.
President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically important American business.
President Donald Trump, meeting with Japanese Prime Minister Shigeru Ishiba in D.C., said he hasn't ruled out tariffs against the Asian nation and wants Nippon Steel to invest in U.S. Steel rather than buying it.
Nippon Steel “is going to be doing something very exciting about U.S. Steel,” Trump said at a news conference with Japanese Prime Minister Shigeru Ishiba. “They’ll be looking at an investment rather than a purchase.”
President Trump said Friday that Japan's Nippon Steel would be allowed to invest "heavily" in US Steel, but would still not be able to outright purchase it.
President Donald Trump said on Friday Japan’s Nippon Steel will not buy U.S. Steel and would instead invest in the company, which would dramatically reshape the $15 billion merger bid
WASHINGTON — President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically important
