Fresh Review of Nippon Steel’s Acquisition Plan: Make Best Decision for Revival of U.S. Manufacturing Industry
Editorial
15:38 JST, April 9, 2025
The U.S. government’s imposition of reciprocal tariffs has sent tremors through the world’s stock markets. In the midst of this, U.S. President Donald Trump made a new move regarding a large-scale acquisition plan between Japan and the United States.
If Trump intends to seriously aim for the return of the manufacturing industry to his country, he should demonstrate the best possible judgment, regardless of what has happened so far.
Trump has ordered the U.S. government’s Committee on Foreign Investment in the United States (CFIUS) to review the planned acquisition of U.S. Steel Corp. by Nippon Steel Corp. He directed the committee to review whether it is possible to mitigate national security risks and report its findings........
© The Japan News
