Trump and Japanese PM Say Japan Is Looking at Investment in US Steel Instead of Purchase
WASHINGTON (Reuters) - U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba said on Friday Japan was looking at an investment in U.S. Steel instead of an acquisition. Japanese firm Nippon Steel's bid to buy U.S. Steel was blocked last month by former President Joe Biden.
Trump says US Steel will get investment from Nippon Steel, instead of being bought by it
President Donald Trump is suggesting that Nippon Steel will no longer buy U.S. Steel as planned, but the Japanese company will instead invest in the symbolically important American business.
Trump says Nippon will invest heavily in U.S. Steel rather than purchase the company
They’ll be looking at an investment rather than a purchase,” President Donald Trump said at a news conference with Japanese Prime Minister Shigeru Ishiba.
President Trump says Japanese company will 'invest heavily' in U.S. Steel, not own it
President Trump said Japanese-based Nippon Steel will look to invest in U.S. Steel, rather than outright owning the iconic American company.
Trump Opens Door for New Nippon Steel Deal to Move Forward
The president said he supported what he described as an emerging agreement that would allow Nippon Steel to invest in—but not fully own—U.S. Steel.
Trump says Nippon will "invest heavily" in U.S. Steel and drop ownership bid
President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.
Trump tells Ishiba at the White House that he wants to slash the US trade deficit with Japan
Trump also announced alongside the Japanese prime minister that Nippon Steel was dropping its $14.1 billion acquisition of ...
Watch live: Trump and Japanese prime minister hold press conference
The meeting comes as U.S. Steel pushes Trump to reverse former President Joe Biden’s decision to block a takeover bid by ...
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Trump eyeing Japan’s defense spending ahead of meeting with prime minister
President Donald Trump and Japanese Prime Minister Shigeru Ishiba huddled at the White House on Friday with trade, steel, and defense on the table.
Japan’s PM will need more than just charm to win over Trump this time
The Japanese prime minister will be tested on whether he can make a case for the effectiveness of strength in numbers of ...
Trump Tells Ishiba He Wants Japan to Eliminate Trade Deficit
President Donald Trump said he wanted the US to eliminate its trade deficit with Japan during a meeting with Prime Minister Shigeru Ishiba that saw the visiting Japanese leader highlight new potential ...
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Trump welcomes Japan's prime minister to White House, may consider Nippon Steel deal
President Trump is meeting with Japanese Prime Minister Shigeru Ishiba at the White House as reports emerge of a potential revival of the U.S. Steel-Nippon Steel deal blocked by former President Joe ...
U.S. Steel will get investment from Nippon Steel instead of being bought by it, Trump says
It was unclear what the details of the investment would be, but Trump said he would meet with the head of Nippon Steel next ...
Japan’s PM prepares for unexpected at Donald Trump summit
For Japan, the aim is to underscore the rock-solid nature of the relationship and receive clear assurances of the countries’ ...