Nippon Steel looking to invest in US Steel instead of purchase, Trump says
By Wesley Brown ( February 7, 2025, 21:48 GMT | Insight) -- Nippon Steel is planning an investment in US Steel rather than a purchase of the company, President Donald Trump said Friday following a meeting with Japanese Prime Minister Shigeru Ishiba. Trump, who mistakenly said it was Nissan instead of Nippon, detailed that he will meet with the Japanese company next week as they plan an investment that will instead keep US Steel owned and operated in the United States. The acquisition of US Steel by Nippon Steel was blocked by President Joe Biden in January after a review by the Committee on Foreign Investment in the United States.Nippon Steel is planning an investment in US Steel rather than a purchase of the company, President Donald Trump said Friday following a meeting with Japanese Prime Minister Shigeru Ishiba....
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