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.
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