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Nippon Steel

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U.S. President Trump visits Pennsylvania

Economy Jun 18

Nippon Steel finalizes $15 billion buyout of U.S. Steel after sealing national security agreement

By Marc Levy, Associated Press

Politics May 30

U.S. President Trump visits U.S. Steel Corporation–Irvin Works in West Mifflin
WATCH: Trump says he’s doubling steel import tariffs to 50% at U.S. Steel plant

In a post later on his Truth Social platform, President Donald Trump added that aluminum tariffs would also be doubled to 50%. He said both tariff hikes would go into effect Wednesday.

By Michelle L. Price, Marc Levy, Darlene Superville, Associated Press

Economy Feb 07

U.S. President Donald Trump meets with Japan's Prime Minister Shigeru Ishiba at the White House
Trump: Nippon Steel dropping bid for U.S. Steel, making investment instead

The details remain unclear. President Donald Trump said he would meet with the head of Nippon Steel next week “to mediate and arbitrate.”…

By Associated Press

Politics Jan 14

FILE PHOTO: Train cars are seen in front of the Great Lakes Works United States Steel plant in River Rouge
New bidder challenges Nippon in acquisition of U.S. Steel as Biden administration extends deadline

The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows by Biden and Trump from the campaign trail in a critical battleground state to block the deal.

By Marc Levy, Associated Press

Nation Jan 03

Press preview of Terminal 6 at John F. Kennedy International Airport
Watch 8:11
Why Biden cited national security concerns as he blocked a Japanese bid to buy U.S. Steel

President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion. Nick Schifrin discussed the president's…

By Nick Schifrin, Dan Sagalyn

Jan 03

Biden blocks Nippon Steel’s $15 billion proposal to purchase Pittsburgh-based U.S. Steel

By Fatima Hussein, Josh Boak, Associated Press

President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied…

Continue reading

Sep 25

Steelworkers union loses its arbitration case attempting to stop U.S. Steel’s sale to Nippon

By Michelle Chapman, Associated Press

An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce.

Continue reading

Mar 14

Biden plans to oppose U.S. Steel sale to Japanese company

By Josh Boak, Associated Press

The announcement expected Thursday comes as the Democratic president campaigns in the Midwest and could have ripples in his race against Republican Donald Trump.

Continue reading

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