Last week, the deal appeared effectively dead after a meeting between Prime Minister Shigeru Ishiba and U.S. President Donald Trump. Read more
Comments over the weekend by U.S. President Donald Trump and Prime Minister Shigeru Ishiba point to the U.S. steelmaker remaining American. Read more
Prime Minister Shigeru Ishiba also appeared to have discussed a revised plan with Nippon Steel before presenting it to Trump at their recent summit. Read more
Ishiba also echoed Trump’s pledge to help mediate a move by Japan’s Nippon Steel to invest in U.S. Steel rather than purchasing the American company. Read more
It was unclear if the investment referred to a new deal structure and what the details of the transaction would be. Read more
Tokyo may be surprisingly more suited to work with Trump — and beat back any exorbitant demands — than it was during his first stint. Read more
A U.S. president’s rejection of a deal following review by the Committee on Foreign Investment in the United States has only been successfully challenged once. Read more
Lourenco Goncalves’ remarks over Nippon Steel’s takeover bid for U.S. Steel and description of Japan as being “evil” stunned many in Tokyo. Read more
An offer that would involve Cleveland-Cliffs acquiring most of U.S. Steel and Nucor taking its so-called mini-mill assets, a source says. Read more
Japanese firms invested almost $800 billion in the United States in 2023, more than any other country, and 14.3% of the total, according to official U.S. data. Read more
