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Trump clears path for Nippon Steel investment in US Steel, so long as it fits the government's terms


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  President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a "national security agreement" submitted by the federal government

On March 31, 2024, former President Donald Trump visited Nippon Steel's facility in Middletown, Ohio, to criticize an ongoing deal where Nippon Steel aims to acquire U.S. Steel for $14.1 billion. Trump, who is campaigning for the presidency again, used the visit to highlight his stance against the acquisition, emphasizing the need to keep U.S. Steel American-owned. He also took the opportunity to criticize President Joe Biden's economic policies, particularly regarding steel tariffs and the impact on the U.S. steel industry. Trump's visit and comments align with his broader campaign message of protecting American industries and jobs.

Read the Full WMUR Article at:
[ https://www.wmur.com/article/trump-nippon-us-steel-executive-order/65062014 ]

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