President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
Category: Nippon Steel Corporation
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How Trump’s Metals Tariffs Could Make Food and Beer Cans More Expensive
Food and beverage companies say new tariffs on steel and aluminum will raise the cost of their containers. They say consumers are likely to pay the difference.
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Nippon Steel Completes Its Acquisition of U.S. Steel
The deal gives the White House extraordinary control over U.S. Steel as part of a pact to alleviate national security concerns.
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‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.
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‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.
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U.S. Steel and Nippon Steel Say Their ‘Partnership’ Is Sealed
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
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What’s the Deal? Nippon’s Bid for U.S. Steel Becomes a Merger Mystery.
President Trump’s foray into the takeover could reshape the future of foreign investment in the United States.
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Is Nippon Steel Finally About to Land U.S. Steel?
A planned merger of the Japanese and American giants, announced in 2023, has traveled through an election, two presidents and strong union opposition.
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The Allure (and Complications) of “Golden Shares”
The White House would like some control of U.S. Steel if it approves its sale to Nippon Steel. Such deals could alter foreign investment in the United States.
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Trump Says US Steel Will Become Partners With Nippon Steel
President Trump’s statement appeared to approve a deal linking the U.S. and Japanese steel makers that had been blocked on national security grounds.
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Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.
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Markets Play Down the Hit From Trump’s Latest Trade Fight
Global markets are in a wait-and-see mode as President Trump vows to slap steel and aluminum tariffs, among other levies, on trading partners.