26.8 C
New York
June 29, 2025
Asia Pacific Business Donald Trump Japan Joe Biden news Pennsylvania Steel industry Trump administration US news US politics World news

Trump warms to Nippon Steel, backing ‘partnership’ with US Steel

Trump warms to Nippon Steel, backing ‘partnership’ with US Steel

Biden had blocked Japanese acquisition, citing national security, with Trump previously agreeing he was ‘totally against’ it

Donald Trump has thrown his weight behind a “partnership” between US Steel and Nippon Steel, months after insisting he was “totally against” a $14.9bn bid by the Japanese firm for its US rival.

While the US president stopped short of an all-out endorsement of the takeover, he announced a deal between the two businesses on social media on Friday.

Continue reading…

Related posts

Bullets and teargas reportedly fired at journalists covering protests in Nigeria

TheWorldsNews

Panama’s presidential frontrunner vows to ‘close’ Darién Gap

TheWorldsNews

The Egyptian human rights activists unable to attend Cop27

TheWorldsNews

Pin It on Pinterest

Share This