Trump says Nippon-US Steel deal has resolvable national security risk
A production line of a plate rolling mill is pictured at Nippon Steel’s East Nippon Works Kimitsu Area plant in Kimitsu, east of Tokyo, Japan May 26, 2025. REUTERS/Issei Kato/File Photo Purchase Licensing Rights
Nippon Steel’s (5401.T), $14.9 billion bid for U.S. Steel (X.N), poses a national security risk, but those concerns can be mitigated if the companies fulfill certain conditions laid out by the Trump administration, U.S. President Donald Trump said in a executive order on Friday.
