Trump says he does not want to see US Steel go to Japan

US President Donald Trump said on Wednesday that he does not want U.S. Steel Corp to go to Japan, suggesting he no longer supports Nippon Steel’s bid for the American steel producer.

The comment appeared to contradict recent actions by the Trump administration. On Monday Trump directed a national security panel to take a fresh look at Nippon Steel’s $14 billion bid for U.S.



Steel to help determine if “further action” is appropriate, raising hopes the deal could gain an elusive green light. Shares of U.S.

Steel fell 13% after the comment in trading after the market closed. “We don’t want to see it go to Japan. We love Japan, but we, you know, U.

S. Steel is very special company. We don’t want it to go to Japan or any other place, and we’re working with them,” Trump said.

U.S. Steel and Nippon Steel did not immediately respond to requests for comment.

(Reporting by Andrea Shalal in Washington; editing by Scott Malone) Your email address will not be published. Required fields are marked * Save my name, email, and website in this browser for the next time I comment. Δ document.

getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); More News Aurubus has invested $800 million building the project, which took four years.

April 09, 2025 | 02:50 pm The comment appeared to contradict recent actions by the Trump administration. April 09, 2025 | 02:49 pm Company is preparing for a busy year of exploration at its Oval nickel-copper project following a high-grade discovery last year. April 09, 2025 | 01:33 pm {{ commodity.

name }} {{ post.excerpt }} {{ post.date }}.