Coverage dated December 2, 2024 to December 3, 2024
Trump vows to block Nippon Steel’s $14B takeover of US Steel
Headline from Foxla
President-elect Donald Trump pledges to stop Nippon Steel’s $14 billion purchase of U.S. Steel, emphasizing national security and domestic ownership concerns.
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While he made similar statements on the 2024 campaign trail, it was the first time that Trump had spoken about the deal since he won a second presidential term...
By Juliana Liu, CNN (CNN) — President-elect Donald Trump has again indicated that he intends to block a Japanese firm’s $15 billion takeover bid of US Steel upon taking office, saying the former American giant can eventually stand on its own.
“I am totally against the once great and powerful US Steel being bought by a foreign company, in this case Nippon Steel of Japan,” Trump wrote in a post on Truth Social. “As President, I will block this deal from happening. Buyer Beware!!!”
In a development likely to embarrass Japanese Prime Minister Shigeru Ishiba, President-elect Donald Trump has dealt what may be a mortal blow to Nippon Steel's proposed $13 billion buyout of U.S. Steel.
U.S. Steel shares are falling 7% in premarket trading Tuesday after President-elect Donald Trump said that he would block Nippon Steel's planned $14 billion acquisition of its American rival.
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.
On Monday night, President-elect Donald Trump reiterated his opposition to the proposed $14.9 billion sale of U.S. Steel to Japan’s Nippon Steel Co., vowing to block the deal when he takes office. Some steelworkers in Pittsburgh’s Mon Valley who support the deal — and Trump — weren’t happy. “I am
President-elect Trump vowed to block Japanese Nippon Steel Corp.'s acquisition of U.S. Steel, saying he is "totally against it" and promising to "make U.S. Steel Strong and Great Again."
President-elect Donald Trump vowed on Monday to block Nippon Steel's purchase of U.S. Steel, saying on social media he would make the once iconic company "strong and great again."
Embattled US Steel has argued that it needs the Nippon deal to ensure sufficient investment in its Mon Valley plants in Pennsylvania, which it says it may have to shutter if the sale is blocked
President-elect Donald Trump pledges to stop Nippon Steel’s $14 billion purchase of U.S. Steel, emphasizing national security and domestic ownership concerns.
WASHINGTON — President-elect Donald Trump on Monday night said he would block a Japanese company’s proposed acquisition of U.S. Steel upon taking office, declaring he would not allow the iconic American business to be owned by a foreign firm.
President-elect Donald Trump reiterated his opposition to the sale of United States Steel Corp. to Nippon Steel Corp., saying he'd instead use tariffs and tax incentives to revive the American steelmaker.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump says he’ll block Nippon Steel-U.S. Steel deal President-elect Trump vowed to block Japanese Nippon Steel’s acquisition of U.S.
(The Center Square) – A controversial $14.9 billion overseas buyout of the iconic U.S. Steel company based in Pittsburgh still doesn’t have Donald Trump’s support. On Tuesday, the president-elect reaffirmed his vow to block the deal with Japanese-based Nippon Steel, upholding the same promise given …
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Trump vows to block Nippon Steel’s $14B takeover of US Steel | Since Then
