President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid. By Alan Rappeport Alan Rappeport reports on economic ...

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 Trump said he supported Nippon Steel to invest in U.S. Steel instead of purchasing it at a press conference with Japanese Prime Minister Shigeru Ishiba. Photo: Mandel Ngan/AFP/Getty ...

Nippon Steel in December 2023 made what was a nearly $15 billion bid to buy U.S. Steel, creating a sudden political issue in the 2024 presidential election as the Pittsburgh-headquartered ...

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WASHINGTON (AP) — 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 ...

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