Trump appears to approve the Nippon takeover of US Steel - - with a healthy dose of spin
US President Trump appears to have green-lighted the Nippon Steel takeover of US Steel.It's a deal that he opposed on the campaign trail and was killed by President Biden after the election. However Nippon and US Steel sued to keep the deal alive and more-recently sweetened the pot.The rejection of the deal was a low point for American capitalism and went against the idea that foreign companies should invest in the United States if they wanted to avoid tariffs.
Related Symbols:
USD
This is a summary of the original article by Forexlive. To read the complete article, please visit the source website:
Read Full Article at ForexliveNews data provided by Finnhub. ForexSentiment.live provides this summary as a convenience with proper attribution to the original source. The full article is available at the original publisher's website.