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The Independent UK
The Independent UK
Mary Papenfuss

Make Japan Great Again: Trump announces his approval of Nippon deal with US Steel

US Steel Nippon Donald Trump United States Joe Biden

Two days after the Trump administration officially made a Qatar-gifted Air Force One replacement the future flying face of the U.S. presidency, Donald Trump went foreign again and announced he had approved a “planned partnership” of Japan’s Nippon Steel and iconic American company U.S. Steel.

But details were not provided, leaving it unclear whether the deal would involve an investment by Nippon or the Japanese company’s takeover of U.S. Steel. The Financial Times reported that Nippon is purchasing U.S. Steel for $15 billion.

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