Trump has repeatedly said he did not want Nippon Steel Corp. to hold a majority stake in the U.S.
company. The Committee on Foreign Investment in the United States has 45 days to submit its final report to the president. “I mean, if you go back to US Steel from 90 years ago, it was incredible, it was the number one company in the world for a long time,” Trump said.
“That’s why we don’t want to see it go to Japan, and we love Japan but US Steel is a very special company.” --With assistance from Skylar Woodhouse. Joe Deaux, Bloomberg News ©2025 Bloomberg L.
P..