ANKARA (AA) – President-elect Donald Trump has reiterated his vow to block a deal for Japan’s Nippon Steel to acquire US 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,” he wrote on Truth Social, his social media platform, […]
Vice President Kamala Harris and former President Donald Trump are both pushing against a $14.9 billion acquisition of US Steel by Japan’s Nippon Steel. US Steel, once an industrial giant, has struggled to maintain its position in a globally competitive market. The proposed deal, seen as a potential way to counter China’s dominance in steel [&...