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President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid. By Alan Rappeport Alan Rappeport reports on economic ...

Washington — President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company without taking a majority stake.

TOKYO, Feb 6 (Reuters) - Nippon Steel (5401.T), opens new tab, Japan's biggest steelmaker, said on Thursday its proposed acquisition of U.S. Steel (X.N), opens new tab fits with President Donald ...

WASHINGTON (AP) — President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically ...

US President Donald Trump indicated Nippon Steel Corp. is considering investing in United States Steel Corp. instead of an outright purchase, offering a potential resolution to a clash over the ...

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President Trump said he supported Nippon Steel to invest in U.S. Steel instead of purchasing it at a press conference with Japanese Prime Minister Shigeru Ishiba. Photo: Mandel Ngan/AFP/Getty ...