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 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 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 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 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