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Nippon Steel, US Steel gain chance at new outcome with do-over CFIUS review

By Wesley Brown and Curtis Eichelberger ( April 7, 2025, 21:54 GMT | Comment) -- US President Donald Trump directed the Committee on Foreign Investment in the United States to conduct a "de novo" review of Nippon Steel's proposed acquisition of US Steel, specifically citing the potential for remedies to mitigate concerns about national security. The move suggests Trump could be looking for a way to override former President Joe Biden's decision to block the merger of steel makers.US President Donald Trump directed the Committee on Foreign Investment in the United States (CFIUS) to conduct a "de novo" review of Nippon Steel's proposed acquisition of US Steel, specifically citing the potential for remedies to mitigate concerns about national security....

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