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April 18, 2025
 

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US STEEL

U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025
Trump says he does not want to see U.S. Steel go to Japan
Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
The U.S. Steel Clairton Coke Works facility in Pennsylvania
BUSINESS / Companies
Apr 9, 2025
U.S. Steel says activist investor now in favor of Nippon Steel deal
Ancora Holdings owns less than a 1% stake in the company.
Nippon Steel’s proposal to buy U.S. Steel is being given a second national security review by U.S. President Donald Trump.
BUSINESS / Companies
Apr 8, 2025
Nippon Steel’s purchase of U.S. Steel to get new national security review
The order for a second review came after a call between Trump and Prime Minister Shigeru Ishiba over the tariffs.
U.S. Justice Department has asked that oral arguments for a lawsuit filed by Nippon Steel against the U.S. government for blocking its planned acquisition of United States Steel be rescheduled for the week of May 12.
BUSINESS / Companies
Mar 18, 2025
U.S. government seeks to postpone oral arguments in Nippon Steel suit
The move is apparently aimed at giving the current administration time for talks with the Japanese steelmaker for it to decide on the bid to acquire United States Steel.
Idled blast furnaces at U.S. Steel's Granite City Works in Granite City, Illinois, in July 2017
BUSINESS / Companies
Mar 15, 2025
U.S. Steel activist investor boosts holding in turnaround push
The move comes as hope for the deal that drew massive attention during the 2024 American presidential election has shown little progress.
Chief Cabinet Secretary Yoshimasa Hayashi during a news conference at the Prime Minister's Office on Wednesday
BUSINESS
Mar 12, 2025
Lack of exemption from U.S. steel tariffs 'regrettable,' says Japan
Top government spokesman Yoshimasa Hayashi said the two nations would continue to discuss details of the duties, which came into force at midnight U.S. time.
Nippon Steel is trying to build its business globally with U.S. Steel as a key component.
BUSINESS / Companies / ANALYSIS
Mar 5, 2025
U.S. Steel seen as key to Nippon Steel's global strategy
To meet its target of raising its annual crude steel production capacity to over 100 million metric tons, the firm needs to forge ahead into promising foreign markets.
Nippon Steel spent much of 2024 trying to gain approval for its planned takeover of U.S. Steel, facing regulatory and political hurdles.
BUSINESS / Companies
Feb 25, 2025
Nippon Steel sticks with U.S. Steel takeover after investment call
The comments from Nippon Steel President Tadashi Imai on Tuesday are the first from an executive of the company since Trump said the steelmaker was considering an investment.
Prime Minister Shigeru Ishiba said that the situation surrounding Nippon Steel and U.S. Steel has improved under U.S. President Donald Trump.
BUSINESS / Companies
Feb 18, 2025
Ishiba questions the politics of Nippon Steel-U.S. Steel deal rejection
The "unjust political interference” was difficult to understand, the prime minister said, but he indicated that the situation has improved under Trump.
U.S. President Donald Trump meets with Prime Minister Shigeru Ishiba at the White House in Washington on Feb. 7.
BUSINESS / Companies
Feb 15, 2025
U.S. Steel and Nippon Steel were blindsided by Trump investment talk
The proposed investment following Donald Trump's meeting with Prime Minister Shigeru Ishiba wasn’t communicated to either of the steelmakers beforehand.
The U.S. Steel Mon Valley Works Edgar Thomson Plant in Braddock, Pennsylvania.
BUSINESS / Companies
Feb 14, 2025
Nippon Steel wants 100% of U.S. Steel, not a minority stake, report says
Last week, the deal appeared effectively dead after a meeting between Prime Minister Shigeru Ishiba and U.S. President Donald Trump.
U.S. Steel workers rally outside the company's headquarters in Pittsburgh in support of the takeover by Japan's Nippon Steel back in September.
EDITORIALS
Feb 14, 2025
The Nippon Steel deal’s lessons for the world
Former U.S. President Joe Biden’s stiff opposition to the deal may have created space, if not impetus, for President Donald Trump to resurrect the acquisition.
U.S. President Donald Trump has said that Nippon Steel has agreed to make a big investment in the U.S. company instead of acquiring it, and has voiced his intention to meet with the leader of Nippon Steel as early as this week.
BUSINESS / Companies
Feb 13, 2025
Nippon Steel exec heads to U.S. to prepare for talks with Trump
Nippon Steel may be forced to significantly revise its plans as Trump has said that the Japanese company will not take a majority stake in U.S. Steel.
On Sunday, U.S. President Donald Trump told reporters that U.S. Steel would remain American.
BUSINESS / Companies
Feb 10, 2025
Nippon Steel goes quiet after U.S. Steel deal seemingly nixed for good
Comments over the weekend by U.S. President Donald Trump and Prime Minister Shigeru Ishiba point to the U.S. steelmaker remaining American.
U.S. President Donald Trump speaks to reporters aboard Air Force One, en route to New Orleans to attend the Super Bowl, on Sunday.
BUSINESS / Companies
Feb 10, 2025
Trump says Nippon Steel cannot have a majority stake in U.S. Steel
Prime Minister Shigeru Ishiba also appeared to have discussed a revised plan with Nippon Steel before presenting it to Trump at their recent summit.
Prime Minister Shigeru Ishiba and U.S. President Donald Trump hold a joint news conference in the East Room of the White House in Washington on Saturday.
JAPAN / Politics
Feb 9, 2025
Ishiba says Trump didn't push defense spending hike or discuss tariffs
Ishiba also echoed Trump's pledge to help mediate a move by Japan’s Nippon Steel to invest in U.S. Steel rather than purchasing the American company.
Nippon Steel's pursuit of U.S. Steel has stretched on for more than a year, with U.S. President Donald Trump vociferously condemning the proposal on numerous occasions, before Friday's more tempered remarks at the Oval Office with Prime Minister Shigeru Ishiba at his side.
BUSINESS / Companies
Feb 8, 2025
Trump says Nippon Steel will invest in U.S. Steel, not buy it
It was unclear if the investment referred to a new deal structure and what the details of the transaction would be.
David Burritt, president and chief executive officer of U.S. Steel, in Detroit in September
BUSINESS / Companies
Feb 7, 2025
Trump meets U.S. Steel CEO as Nippon Steel hopes to save deal
The meeting took place one day before Trump is due to meet with Prime Minister Shigeru Ishiba.
United Steelworkers President David McCall
BUSINESS / Companies
Feb 6, 2025
Union chief files motion to dismiss suit by U.S. Steel and Nippon Steel
United Steelworkers called the U.S. Steel and Nippon Steel lawsuit a "frivolous and unsubstantiated attack" on the union.
Nippon Steel and United States Steel said in an opening brief Monday that the Committee on Foreign Investment in the United States violated their due process rights last year by allowing "virtually no substantive engagement” with the companies.
BUSINESS / Companies
Feb 4, 2025
Nippon Steel and U.S. Steel blast Biden's 'sham' merger block
While Biden is no longer in office, President Donald Trump has expressed his own opposition to the deal.
In a first, Japan issues cease-and-desist order against Google
The Google logo is seen at the company's Bay View campus in Mountain View, California. Japanese authorities on Tuesday issued a cease-and-desist order to Google over an alleged violation of the country's anti-monopoly law.
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
Trump calls the U.S.-Japan alliance ‘one-sided.’ Tokyo says otherwise.
U.S. President Donald Trump speaks during a Cabinet meeting at the White House on Thursday in Washington.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Japan is by far the favorite country among Taiwanese: survey
A night market in Taipei in April
Privacy and transparency clash in debate over bill on artificial insemination
Sachiko Ishizuka, who was born via artificial insemination by donor (AID), tells her story to lawmakers from the Constitutional Democratic Party of Japan on April 9.
Why Ishiba became the first prime minister to hold talks with Rengo in 16 years
Prime Minister Shigeru Ishiba and Japanese Trade Union Confederation chief Tomoko Yoshino in a meeting Tuesday at the Prime Minister's Office
In a first, Japan issues cease-and-desist order against Google
The Google logo is seen at the company's Bay View campus in Mountain View, California. Japanese authorities on Tuesday issued a cease-and-desist order to Google over an alleged violation of the country's anti-monopoly law.
Sumo's throwback regional tours offer glimpse into sport's heart and history
Kirishima (behind) battles Atamifuji during a regional tour event in Hyogo Prefecture in 2023.
China’s new bridge-forming barges offer new options for Taiwan invasion
This satellite image taken on March 25 shows three Chinese barges connected via extendable bridges in waters off Zhanjiang, in southern China's Guangdong province. Experts say the new barges could be used to land heavy equipment and thousands of personnel in a possible invasion of Taiwan.

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