Trump "Totally Against" Nippon Steel's Buyout of U.S. Steel
Washington, Dec. 2 (Jiji Press)--U.S. President-elect Donald Trump said Monday that he is "totally against" Japanese steel giant Nippon Steel Corp.'s plan to acquire United States Steel Corp.
"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," Trump said on his own social media platform, Truth Social. "I will block this deal from happening."
Trump vowed to "make U.S. Steel strong and great again" through tax incentives and tariffs.
(2024/12/03-12:32)
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