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The Latest Breaking News from Nippon Steel

Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan

President tells Pennsylvania rally tariffs will aid workers but questions raised over nature of Nippon Steel investment

The Guardian - US

Tariff Legal Battle Plays Out

Plus: Javier Milei puts state-run TV to good use, Texas' THC antagonism, rent control lunacy, and more...

Reason

Trump says he is doubling tariffs on imported steel to 50% – as it happened

This liveblog is now closed.

The Guardian - US

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Nippon Steel Will Finally Get To Buy U.S. Steel. The Deal Likely Ensures More Federal Meddling in the Future.

The federal government will reportedly get a "golden share" in U.S. Steel, potentially allowing it to overrule shareholders on some decisions.

Reason

US government to have control in Nippon Steel-U.S. Steel deal, Trump and McCormick say

U.S. Sen. David McCormick says an arrangement for Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of U.S. board members and U.S. government approval over certain corporate functions

The Independent UK

Asian Markets Mixed As Trump Dials Down After EU Tariff Threat

Asian stocks were mixed Monday after Donald Trump thrust his trade war back into the spotlight by threatening the European Union with huge tariffs before extending a deadline for their implementation.

International Business Times

Trump news at a glance: judge puts a stop to ban on Harvard’s foreign students – for now

Temporary reprieve comes after the leading university sued the Trump administration – key US politics stories from Friday 23 May at a glance

The Guardian - US

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Trump Greenlights Nippon Steel 'Partnership' With US Steel

US President Donald Trump on Friday threw his support behind a new "partnership" between US Steel and Japan's Nippon Steel, sending the American firm's share price skyrocketing on hopes of an end to the long-running saga over foreign ownership of a key national asset.

International Business Times

Trump warms to Nippon Steel, backing ‘partnership’ with US Steel

Biden had blocked Japanese acquisition, citing national security, with Trump previously agreeing he was ‘totally against’ it

The Guardian - US

Stocks Settle Lower as President Trump Ramps Up Tariff Rhetoric

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.93%. June E-mini S&P futures (ESM25 ) are down -0.77%, and June E-mini Nasdaq futures...

Barchart

Trump Blesses Nippon-U.S. Steel Deal; X Flies As Other Steel Stocks Sink

Nippon Steel is acquiring U.S. Steel, 17 months after its initial offer.

Investors Business Daily

US Steel Takeover by Nippon Back in Spotlight as Trump Demands Review

Trump orders a new review of Nippon Steel's $14.9 billion acquisition of U.S. Steel after Biden blocked the deal over national security concerns.

International Business Times

President Trump orders review into Nippon Steel’s bid for US Steel

The two companies sued the US government in January after then president Joe Biden halted the Japanese purchase in the name of national security.

Euronews

Nippon Steel Shares Soar As Trump Reviews US Steel Takeover

Nippon Steel shares soared Tuesday after US President Donald Trump launched a review of the company's proposed takeover of US Steel that was blocked by his predecessor Joe Biden.

International Business Times

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MarketBeat

U.S. Steel and Nippon Merger: Should Investors Bet on It?

US Steel still believes its merger with Nippon Steel of Japan can happen and investors are leaning that way based on the 60% rally off lows.

MarketBeat

U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?

President Trump's comments surrounding United States Steel have put the company back in the news. However, is there currently significant upside in this stock?

The Independent UK

The Latest: The Pentagon will deploy roughly 1,500 more troops to the southern border

The Pentagon will deploy roughly 1,500 more active duty soldiers to the southern border to support President Trump’s expanding crackdown on immigration, a U.S. official said Friday

Top News

Nippon Steel Considers Investment In US Steel, Not Purchase

President Trump discusses Nippon Steel's potential investment in US Steel and Biden's rejection of Nippon's acquisition bid.

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news in one place.

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Top News

Japanese Prime Minister Ishiba Meets With US President Trump

Japanese Prime Minister Ishiba meets with President Trump to discuss defense, economy, and a blocked merger between US Steel and Nippon Steel.

Top News

President Trump To Meet With U.S. Steel And Fedex Executives

President Trump to meet U.S. Steel and FedEx executives to address blocked acquisition and related issues.

International Business Times

Japan PM To Meet Trump On Feb 6-8 US Trip

Japan's Prime Minister Shigeru Ishiba will meet President Donald Trump on a visit to the United States this week, top government spokesman Yoshimasa Hayashi said on Tuesday.

The Independent UK

Asset manager seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company

Barchart

Bidding War Alert: Is U.S. Steel Stock a Buy, Sell, or Hold as Buyers Emerge?

U.S. Steel stock surged 6% as Cleveland-Cliffs and Nucor consider a joint takeover bid

Fortune

Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

Top News

Biden Administration Extends Deadline For Nippon Steel Acquisition

Biden Administration extends deadline for Nippon Steel's bid to acquire U.S. Steel, facing national security concerns and industry implications.

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