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U.S. Steel turns to Trump to save Nippon deal

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor Nippon Steel have gone to court over U.S. President Joe Biden’s decision to nix their $15 billion deal.

TribLIVE.com · 1d

Trump might still have sway in U.S. Steel-Nippon deal

President-elect Donald Trump’s comments Tuesday, touting a United Arab Emirates company’s planned $20 billion investment in U.S. data centers, could spark hope for the proposed takeover of U.S. Steel by Japan’s Nippon Steel.

The Financial Times · 2d

Nippon Steel bets on Trump to salvage $15bn US deal

Nippon Steel and US Steel are betting Donald Trump can be persuaded to back their $15bn deal, accusing President Joe Biden of blocking the transaction to win union support in last year’s presidential election.

Biden selling out to Big Labor by blocking US Steel deal

Detroit News · 1d

Zito: U.S. Steel sale and future in limbo after Biden block

Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security.

The Hill on MSN · 4d

Biden’s decision to block the US Steel sale would have made Harry Truman proud

Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the broad and often vague umbrella of national security.

YAHOO!News · 1d

McConnell: Biden selling out to Big Labor by blocking US Steel deal

Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s core economic and national-security interests less secure than it found them,

7don MSN

Rise of US Steel paralleled the arrival of the United States on the world stage

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...

21hOpinion

Whitley: Can Trump demonstrate 'The Art of the Deal' in US Steel merger?

Let’s have faith that Trump will reject the Biden administration’s politically motivated interference in the deal or get an ...

2d

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.

9don MSN

Why United States Steel Stock Crushed the Market Today

A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the ...

23h

U.S. Steel, Its Merger Blocked, Faces Stark Alternatives

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...

3don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...

Hosted on MSN1d

Hyundai Steel considers building steel mill in US

Hyundai Steel is considering opening a steel mill in the United States to manufacture automotive steel provided to Hyundai ...

3don MSN

Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'

The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...

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