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Tag: United States Steel Corporation

World

Investment Fund Seals Trade Deal for Japan and Expands Trump’s Influence

July 23, 2025July 23, 2025Ana SwansonComments Off on Investment Fund Seals Trade Deal for Japan and Expands Trump’s Influence

President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.

World

Trump’s 50% Tariffs on Steel and Aluminum Imports Go Into Effect

June 4, 2025June 4, 2025Ana Swanson and Ian AustenComments Off on Trump’s 50% Tariffs on Steel and Aluminum Imports Go Into Effect

President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S. industry.

World

Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon

January 3, 2025January 3, 2025ALAN RAPPEPORTComments Off on Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.

World

Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel

September 17, 2024September 17, 2024ALAN RAPPEPORTComments Off on Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel

U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.

World

How Swing State Politics Are Sinking a Global Steel Deal

September 5, 2024September 5, 2024ALAN RAPPEPORTComments Off on How Swing State Politics Are Sinking a Global Steel Deal

As the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the debate over national and economic security is being dwarfed by presidential politics.

World

Biden Expected to Block U.S. Steel Takeover by Nippon

September 4, 2024September 4, 2024Andrew Duehren, Lauren Hirsch and Alan RappeportComments Off on Biden Expected to Block U.S. Steel Takeover by Nippon

The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.

World

Japan and US Seek to Strengthen Ties as Kishida Visits

April 7, 2024April 7, 2024MOTOKO RICHComments Off on Japan and US Seek to Strengthen Ties as Kishida Visits

Hovering over a state visit to Washington is the possibility of a swing in American foreign policy if Donald Trump returns to the White House.

World

U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy

January 7, 2024January 8, 2024Jim TankersleyComments Off on U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy

The president is under pressure from Democrats and Republicans to block the sale to Japan’s Nippon Steel, which could upset a key foreign ally.

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President Trump and the Supreme Court

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