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Trump Considers Japanese Partnership in US Steel

The steel company US Steel's shares rose sharply on Friday after US President Donald Trump announced a possible "partnership" between the American company and Japanese Nippon Steel. Trump's statement about a form of partnership was made on his own platform Truth Social, where he wrote that at least 70,000 jobs would be created and that the partnership would bring in 14 billion dollars to the US economy.

Trump Considers Japanese Partnership in US Steel

Nippon Steel Plans $14 Billion Investment in US Steel Pending Trump Approval

The Japanese Nippon Steel is planning to invest 14 billion dollars, equivalent to approximately 135 billion kronor, in the steel company US Steel – provided US President Donald Trump approves a merger of the companies, reports Reuters. Nippon Steel has previously been stopped from buying US Steel by Donald Trump and former President Joe Biden, citing national security interests.

Nippon Steel Plans $14 Billion Investment in US Steel Pending Trump Approval

US Stock Market Sees Mixed Results as Trade War Concerns Loom

Leading indexes on the American stock exchanges fluctuated heavily on the first day of the trading week following several statements in the looming trade war. At the close, the broad S&P 500 index had fallen by 0.

US Stock Market Sees Mixed Results as Trade War Concerns Loom

More exchange USA-Japan - but also threat of tariffs

Even Japan is now part of the circle of trading partners that the USA's President Donald Trump is threatening with import tariffs. At the same time, the countries' leaders have agreed on increased economic exchange.

More exchange USA-Japan - but also threat of tariffs

Deadline for stopped steel deal is postponed

The outgoing US President Joe Biden announced just a few days ago that the purchase of the steel company US Steel by Japan's Nippon Steel is being stopped. The parties were given 30 days to unwind the deal.

Deadline for stopped steel deal is postponed

Technology company led the rise on the stock exchange in the USA

It mainly went upwards on the New York Stock Exchange on the first day of the trading week, primarily thanks to price increases in some of the tech giants. .

Technology company led the rise on the stock exchange in the USA

After the Stop – Now the Steel Companies are Suing the USA

The Japanese Nippon Steel and US Steel are suing the Biden administration for stopping the deal. The lawsuit was filed with an American court on Monday.

After the Stop – Now the Steel Companies are Suing the USA

Japan Slams Biden's Decision: "Incomprehensible"

Japan is directing strong criticism at Joe Biden after the American president decided to stop the multi-billion deal where the steel company US Steel was intended to get a Japanese owner. "It is incomprehensible and regrettable that the Biden administration has made this type of decision with reference to national security", writes Japan's industry minister Yoji Muto in a statement to AFP on Saturday.

Japan Slams Biden's Decision: "Incomprehensible"

Broad Uptrend on Wall Street

Leading indexes on the stock exchanges in New York rose on Friday. The broad S&P 500 index climbed 1.

Broad Uptrend on Wall Street

Biden blocks multi-billion deal

President Joe Biden announces that he is stopping the billion-dollar deal where the steel company US Steel was intended to get a Japanese owner. "A threat to national security", is cited as one of the main reasons.

Biden blocks multi-billion deal

Joe Biden can stop major steel deal

The outgoing US President Joe Biden may have the final say on the Japanese Nippon Steel's intended purchase of US Steel. Biden gets the case since a panel that was to express itself has not been able to agree.

Joe Biden can stop major steel deal

Steel Giant Slams "Inappropriate" Political Interference

The Japanese steel giant Nippon Steel expresses strong criticism, after Bloomberg reported source information that the US President Joe Biden plans to block the company's acquisition of American US Steel. .

Steel Giant Slams "Inappropriate" Political Interference

Small movements but a record on Wall Street

The movements were small on the New York Stock Exchange on Tuesday in a breathing pause after the recent sharp increases. Nevertheless, a couple of new records were set.

Small movements but a record on Wall Street

Trump promises to block controversial steel deal

Donald Trump will stop the Japanese Nippon Steel's purchase of the American steel giant US Steel. This writes the USA's incoming president himself in a post on his platform Truth Social:.

Trump promises to block controversial steel deal