Trump says Nippon Steel to 'invest' in US Steel, not buy it

Legit | 08-02-2025 09:16am |

US President Donald Trump said Friday that Japan's Nippon Steel will make a major investment in US Steel, but will no longer attempt to take over the troubled company. Trump, referring to the Japanese car company Nissan but apparently meaning Nippon Steel, said "they'll be looking at an investment rather than a purchase."

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