Almost a year after Nippon Steel announced its takeover plan, hefty political hurdles remain. President-elect Donald Trump this week repeated his opposition to the sale of U.S. Steel, saying he’d instead use tariffs and tax incentives to revitalize the American steelmaker.

Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald Trump.

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.

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.

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.

With lacking growth and the deal off the table, investors should expect U.S. Steel to trade back to the mid-$20 range or lower.

President-elect Donald Trump pledges to stop Nippon Steel’s $14 billion purchase of U.S. Steel, emphasizing national security and domestic ownership concerns.

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 strengt

Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said,

Donald Trump's plan to block the sale of U.S. Steel to a Japanese company has upset some Pennsylvania steelworkers.

"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