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Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker.
Trump Says He Will Block Acquisition of U.S. Steel by Japanese Firm
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.
Trump doubles down on vow to block Nippon-US Steel deal, make US Steel ‘strong and great again’
Trump had repeatedly slammed the deal during his presidential campaign, but this was the first time he reinforced his promise to block the acquisition since he won the presidential election.
Trump reiterates opposition to Nippon Steel's takeover of U.S. Steel
"I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan," Trump wrote on his social media platform Truth Social. Nippon Steel hopes to close the deal before Trump retakes the White House on Jan.
Trump vows to block Nippon Steel from buying U.S. Steel
President-elect Donald Trump vowed on Monday to block Nippon Steel's purchase of U.S. Steel, saying on social media he would make the once iconic company "strong and great again."
Trump says he will block Nippon Steel takeover of US Steel: 'Buyer Beware'
President-elect Trump said he would use a series of tax incentives and tariffs to block Nippon Steel's planned purchase of American manufacturing firm U.S. Steel.
Trump promised to block the sale of U.S. Steel. What does that mean for the Pittsburgh area?
"I'm on the side of making steel. I'm on the side for making steel for whoever owns this facility," said worker Jesse Smith. "I'm partial towards it being domestic and individuals
Trump vows to block Japan’s Nippon Steel from buying U.S. Steel. Here’s how
This April 26, 2010, shows the United States Steel logo outside the headquarters building in downtown Pittsburgh. President-elect Donald Trump is underscoring his intention to block the purchase of U.
Trump Remains Opposed to US Steel Sale, Pledges Tariff Fix
Donald Trump reiterated his opposition to the sale of United States Steel Corp. to Nippon Steel Corp., saying he’d instead use tariffs and tax incentives to revive the American steelmaker.
Trump Trade: U.S. Steel slides as President-elect ‘totally against’ Nippon deal
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of
Trump again vows to block Japanese firm’s controversial takeover of US Steel
President-elect Donald Trump has repeatedly said he intends to block a Japanese firm’s $15 billion takeover bid of US Steel upon taking office, saying the former American giant can eventually stand on its own.
Yahoo
12h
Trump vows to block Nippon Steel’s $14B takeover of US Steel
WASHINGTON - President-elect Donald Trump announced Monday that he would block Nippon
Steel
’s $14 billion acquisition of ...
7h
on MSN
Analysis-Indian steel mills feel crunch from cheap Chinese imports
India's construction boom with its gleaming highrises and multilane highways was supposed to drive up domestic steel sales, ...
3m
Mixed reactions to Trump's opposition to US Steel buyout plan
US President-elect Donald Trump's reiteration of his opposition to the bid by Japan's Nippon Steel to acquire US Steel ...
Money Morning
14h
U.S. Steel's Deal May be Falling Apart, Here's What Investors Should Expect
With lacking growth and the deal off the table, investors should expect U.S. Steel to trade back to the mid-$20 range or ...
19h
on MSN
New photos show how Nov. 1 fire warped steel beams, concrete deck
The Nov. 1 fire that closed part of the Daniel Carter Beard Bridge warped steel and concrete. New photos show the damage up ...
20h
EU will look into extending steel import caps, says commissioner
The European Commission will look into ways to extend measures to limit steel imports as part of an overall plan to protect ...
1d
Michelle Steel concedes to Derek Tran in Orange County House race
Rep. Michelle Steel (R-Calif.) has conceded her re-election bid to Democrat Derek Tran in California’s 45th Congressional ...
1d
Steel Dynamics initiated with a Neutral at Goldman Sachs
Goldman Sachs initiated coverage of Steel Dynamics (STLD) with a Neutral rating and $155 price target The prevailing sentiment towards the ...
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