President Trump on Friday announced that Japan’s Nippon Steel was dropping its $14.1 billion acquisition of the Pittsburgh-headquartered U.S. Steel and would instead be making an “investment ...

Earlier this month, U.S. President Donald Trump, alongside Japanese Prime Minister Shigeru Ishiba at the Oval Office, said that Nippon Steel's $14.9 billion bid for U.S. Steel, which was blocked ...

“I don’t want US Steel being owned by a foreign country. All they can have is an investment,” Trump said two days after he incorrectly announced that Nippon was dropping its plans to ...

US President Donald Trump’s new tariffs on steel target a major industry that is found in everything from cars to buildings but was already facing a range of challenges. The 25-percent tariffs, which ...

New York (CNN) — Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only ...

Earlier this month, U.S. President Donald Trump said Nippon's bid for U.S. Steel would take the form of an investment instead of a purchase. He made the the announcement alongside Japanese Prime ...