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Workers bristle at Trump-backed Nippon-U.S. Steel deal — 'It's a bad move'
Japanese company Nippon Steel has President Donald Trump’s backing as it nears a deal to invest in U.S. Steel. Calling the deal a “partnership,” Trump claimed Nippon will create 70,000 jobs and add $14 billion to the economy, all while keeping the company in the U.S.
Nippon Steel shares slipped 0.8% in Japanese trading. Court challenges to the Cfius review process and president’s authority over foreign business deals have been sparse over the years.
(AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel ... it was a violation of legal due process and a political calculation. The two steel companies sued in federal court three days ...
Japan's Nippon Steel is set to finalize its acquisition of U.S. Steel Corp. X at $55 per share, according to sources familiar ...
High-Stakes Steel Showdown: Nippon Steel's $14 Billion Bid for U.S. Steel Faces Political Roadblocks
Nippon Steel proposes a $14 billion investment to acquire U.S. Steel, pending a U.S. government green light. Facing political ...
WASHINGTON (AP) — Nippon Steel ... Pittsburgh-based U.S. Steel. The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and ...
He gave a political ... out to Nippon Steel for comment. “We appreciate and commend President Donald Trump’s leadership. His action today validates our Board’s bold decision to challenge ...
because approving the purchase could allow him to implement some of his tariffs at relatively low political and economic cost, with Nippon’s investments and promise to keep steel products ...
Gary Mayor Eddie Melton said Nippon Steel plans to pump $1 billion in the Gary Works U.S. Steel facility — the largest steel ...
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