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Nippon Steel’s acquisition to be approved: Deal should be a symbol of Japan-U.S. economic cooperation

47 30
26.05.2025

Editorial

14:30 JST, May 25, 2025

In relation to Nippon Steel Corp.’s plan to acquire U.S. Steel Corp., U.S. President Donald Trump has indicated he intends to approve a “planned partnership” between the Japanese company and the major U.S. steel manufacturer.

It is important to proceed carefully with negotiations toward a final decision while ensuring that the deal becomes a success that symbolizes the importance of economic cooperation between Japan and the United States.

In a post on social media about Nippon Steel’s acquisition plan, Trump said, “This will be a planned partnership … which will create at least 70,000 jobs and add $14 Billion [about ¥2 trillion] to the U.S. Economy.”

He explained that Nippon........

© The Japan News