Nippon Steel Considers Investment in U.S. Steel After Takeover Block

President Trump signals support for an investment approach while maintaining U.S. Steel's American ownership, following legal and political challenges to a full acquisition.

Nippon Steel is exploring a revised strategy to invest in U.S. Steel rather than pursuing its blocked $14.9 billion acquisition bid.
President Trump stated that no foreign entity, including Nippon Steel, would be allowed to hold a majority stake in U.S. Steel, emphasizing the need for the company to remain American-owned.
The revised plan reportedly involves a significant increase in Nippon Steel's investment, though details about the structure and scope remain unclear.
The original acquisition proposal was previously vetoed by President Biden over national security concerns, a decision now being challenged in court by Nippon Steel and U.S. Steel.
Japanese Prime Minister Shigeru Ishiba expressed optimism about the revised approach, highlighting its potential to strengthen U.S.-Japan relations and avoid new steel tariffs.