Trump touts 'partnership' in steel deal with Nippon
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Nippon Steel's shares surged as President Trump backed its $14.9 billion bid for U.S. Steel, signaling potential job creation and economic boost. Although Trump's 'partnership' term remains vague, investor confidence soared,
Market Domination co-host Josh Lipton tracks today's top stories and stocks in this Market Minute. Bitcoin (BTC-USD) pulls back from recent highs above $111,900 amid the market downturn. Nippon Steel's (NPSCY) planned acquisition of US Steel (X) continues to hang in the balance,
Exclusive: Nippon Steel to invest $4 billion for new US Steel mill in $14 bln package, document says
Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three people familiar with the matter.
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Kyodo News on MSNNippon Steel exec says US Steel buyout crucial amid high tariffsNippon Steel Corp.'s vice chairman said high U.S. tariffs have made planned acquisition of United States Steel Corp., now being block
The efforts to push through Nippon Steel’s proposed takeover come as Japanese negotiators are seeking to lower a 24 per cent tariff on the country’s imports into the US introduced by the Trump administration. Japanese officials signalled their intent last week to hold out for a better agreement.