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President-elect Trump said Monday he would use a series of tax incentives and tariffs to block Nippon Steel's planned $14 billion purchase of American manufacturing company U.S. Steel.

Trump is pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker. This April 26, 2010, file photo shows the United States Steel logo outside the headquarters ...

Copyright 2024 The Associated Press. All Rights Reserved. FILE - This April 26, 2010, file photo shows the United States Steel logo outside the headquarters building ...

President-elect Donald Trump has again indicated that he intends to block a Japanese firm’s $15 billion takeover bid of US Steel upon taking office, saying the former American giant can eventual ...

STORY TONIGHT FROM BRADDOCK. TWO LEADERS OF THE STEELWORKERS UNION, ALONG WITH THE MAYOR OF WEST MIFFLIN, SPOKE OUT IN SUPPORT OF THE NIPPON DEAL AT A FORUM IN WASHINGTON, DC. NOW, ONE OF THOSE ...

TOKYO — President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel, a contentious deal that faces widespread political opposition.

When he announced his opposition in a March statement, Biden said: “U.S. Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American ...

U.S. President-elect Donald Trump on Monday said he would "block" a planned takeover of US Steel by Japanese company Nippon Steel, a deal worth $14.9 billion including debts. "I am totally against ...

Just before Christmas 2023, Nippon agreed to buy an American icon: Pittsburgh-based US Steel. The $15bn transaction was initially seen as a corporate triumph, one that combined two companies ...