
A file photo of United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan U.S.
| Photo Credit:
Rebecca Cook/Reuters
U.S. President Donald Trump on Sunday said he doesn’t think a foreign company should control U.S. Steel, repeating comments made last week that dimmed hopes for a greenlight of a $14 billion bid by Japan’s Nippon Steel to buy the U.S. firm.
Trump said on Wednesday he did not want to see U.S. Steel “go to Japan,” sending its shares down 7%. The two companies later said they were working closely with the Trump administration to “secure a significant investment.”
Trump spoke with reporters aboard Air Force One as he returned to Washington from his estate in Florida.
Published on April 14, 2025
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.