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Nippon Steel lawsuit against Biden set to start in early February
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TaiwanIsNotChina
I think they need to do a Find/Replace on that lawsuit to reflect the new administration.
OssanAmerica
Still waiting to hear of a realistic and viable alternative to save US Steel.
indigo
Japanese think they can buy USA vital production companies with their debts and fake money....
Hope Trump will show them the door quickly!!!
Yrral
The Japanese have no case against a union,just because they do not want scab leadership
kurisupisu
Nippon Steel going to court?
I thought Japanese weren’t advocates of court action?
Yrral
Lots of foreigner especially should avoid antagonize and American, American have legal powers at their disposal
grc
It’s clear Nippon Steel is not popular with readers of this newspaper. My only concern is what happens if Trump allows the sale? Whom is he making happy, and whom feeling betrayed?
masterblaster
Arrogance.
America is able to decide who buys it's companies. If America doesn't want a foreign company buying it's properties then that's the final word. A country doesn't have the right to buy property in a foreign country unless that country says OK.
OssanAmerica
Both Nippon Steel and US Steel are suing the government for blocking the sale.
https://www.bbc.com/news/articles/cewxvle12plo
Nippon Steel wants to work with Trump to get the sale done.
https://www.reuters.com/markets/deals/nippon-steel-wants-work-with-trump-administration-us-steel-deal-mori-tells-wsj-2025-01-15/
U.S. Steel wants to work with Trump to get the sale done.
https://www.nbcnews.com/business/business-news/us-steel-ceo-appeals-trump-biden-blocks-nippon-deal-rcna186574
Tim Sullivan
Nippon Steel is also seeking to convince President-elect Donald Trump, who took office on Monday, of the benefits of the acquisition to the U.S. economy. However, it is unclear if Trump will support the deal as he has publicly opposed the plan before winning the Nov 5 presidential election.
A good example of Japan's isolation from reality. Nippon Steel might have been able to bribe Biden. It's never, ever going to happen with Trump.
Pacificpilot
Nippon steel has no clue. Trump might just ban all steel products from Japan.