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The order signed by President Trump said the CFIUS review provided “credible evidence” that Nippon Steel “might take action that threatens to impair the national security of the United ...
The arrangement will guarantee an American CEO, a majority of board members from the U.S. and government approval over certain corporate functions, Sen. Dave McCormick says.
Trump administration offers some details of how it would control US Steel, but union raises concerns. The White House has described the deal as a "partnership" and an "investment," although Nippon ...
Nippon Steel's $14.9B bid for U.S. Steel includes a "golden share" for U.S. control, promising 70,000 jobs and a $14B boost to the economy.
Trump told the crowd Nippon would invest a total of $14 billion as part of the deal, with some $2.2 billion slotted to increase steel production in Pittsburgh's Mon Valley and another $7 billion ...
President Trump has embraced a plan for Japanese-owned Nippon Steel (NPSCY) to purchase US Steel (X), largely, it seems, due to a notion that the US government will be getting a "golden share" as ...
Trump told the crowd Nippon would invest a total of $14 billion as part of the deal, with some $2.2 billion slotted to increase steel production in Pittsburgh's Mon Valley and another $7 billion ...
PREVIOUS COVERAGE OF U.S. STEEL AND NIPPON STEEL BELOW:‘US Steel will be controlled by the USA’: Trump announces 50% tariff on imported steel in Pittsburgh (May 2025)Trump says US Steel will ...
At an event in Pennsylvania on Tuesday, United States President Donald Trump announced a combined $90 billion dollar investment in energy and technology including AI.
If US Steel's Nippon Steel deal is blocked, Cleveland-Cliffs CEO says he's still interested (April 2024) In Pittsburgh, Biden vows to shield U.S. steel industry by blocking Japanese merger and ...