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International Business Times
International Business Times
National
Luke Funk

Trump Says Nippon Will Invest in US Steel But Not Buy It

US President Donald Trump (R) and Japanese Prime Minister Shigeru Ishiba hold a joint press conference in the East Room of the White House in Washington, DC, on February 7, 2025. (Credit: MANDEL NGAN/AFP via Getty Images)

President Donald Trump says that Japanese firm Nippon plans to make a large investment in U.S. Steel but not buy it outright.

The sale of the once-powerful U.S. company to foreign ownership was controversial in Washington.

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