Trump Celebrates Nippon Steel 'Deal'
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If the US gets a 'golden share' of Nippon Steel's takeover of US Steel, it would be the latest example of how Washington, D.C. increasingly has a say in the operations of major companies.
Japanese-owned Nippon Steel has spent more than $6.1 million on federal lobbying efforts in its quest to take over US Steel.
President Trump said on Friday that he would double the tariffs he had levied on foreign steel and aluminum to 50 percent, a move that he claimed would further protect the industry.
President Donald Trump has backed Tokyo-based Nippon Steel's $14.1 billion acquisition of US Steel, potentially revitalizing the declining industrial giant.
When it comes to policy, President Donald Trump has changed his mind countless times since riding down the golden escalator at Trump Tower nearly a decade ago.
It’s a landmark agreement forged through President Trump’s direct intervention, restoring American industrial strength and economic sovereignty. This deal isn’t just bigger because of President Trump—it exists only because of him.