President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
Category: United States Steel Corporation
Trump’s 50% Tariffs on Steel and Aluminum Imports Go Into Effect
The president has ratcheted up the rate on foreign metals to 50 percent, double the previous rate, saying the levies weren’t high enough to help the U.S. industry.
Is Nippon Steel Finally About to Land U.S. Steel?
A planned merger of the Japanese and American giants, announced in 2023, has traveled through an election, two presidents and strong union opposition.
