Trump warms to Nippon Steel, backing ‘partnership’ with US Steel
by Callum Jones in New York from on (#6XGH9)
Biden had blocked Japanese acquisition, citing national security, with Trump previously agreeing he was totally against' it
Donald Trump has thrown his weight behind a partnership" between US Steel and Nippon Steel, months after insisting he was totally against" a $14.9bn bid by the Japanese firm for its US rival.
While the US president stopped short of an all-out endorsement of the takeover, he announced a deal between the two businesses on social media on Friday.
Continue reading...