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The Guardian // World

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

Friday 23rd May 2025, 8:59PM

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

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