US Steel deal will be investment, not purchase by Nippon Steel, say Trump and Ishiba

The Star 2025-02-08

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US President Donald Trump and Japanese Prime Minister Shigeru Ishiba told a joint press conference after their bilateral talk on Feb 7 that Japan was looking at an investment in US Steel instead of an acquisition. Nippon Steel's bid to buy US Steel was blocked by Trump's predecessor Joe Biden last month.

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