Tag #Nippon Steel

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abcnews.go.com
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Explosion at U.S. Steel Plant Kills Two

A gas valve explosion during routine maintenance at a U.S. Steel plant near Pittsburgh killed two workers, injured ten, and heavily damaged the facility; the incident highlights safety concerns at aging industrial plants.

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cnn.com
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Trump Approves US Steel-Nippon Steel Partnership, Securing $11 Billion Investment

President Trump approved a US Steel-Nippon Steel partnership, securing an $11 billion investment by 2028, reversing prior opposition and emphasizing American manufacturing; the deal includes a government 'golden share' for oversight.

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theguardian.com
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Trump Approves $11 Billion Nippon Steel Investment in US Steel with US Government Veto Power

President Trump approved a $11 billion investment in US Steel by Nippon Steel, contingent on a national security agreement giving the US government veto power ("golden share") to protect national interests, following national security reviews by CFIUS and the Department of Justice.

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abcnews.go.com
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Trump Approves Nippon Steel's $11 Billion U.S. Steel Investment

President Trump approved Nippon Steel's $11 billion investment in U.S. Steel by 2028, granting the U.S. government veto power to protect national security, resolving prior concerns and completing a deal valued at $28 billion.

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english.kyodonews.net
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U.S. Retains "Golden Share" in U.S. Steel Despite Nippon Steel Investment

President Trump announced a "golden share" arrangement for U.S. Steel, granting the U.S. government veto power over major decisions, following a review of Nippon Steel's $14.1 billion investment bid, initially blocked by President Biden on national security grounds.

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nbcnews.com
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Trump Doubles Steel Tariffs, Approves U.S. Steel-Nippon Merger with U.S. Oversight

President Trump doubled tariffs on steel imports to 50%, announced a merger between U.S. Steel and Nippon with U.S. government oversight to mitigate national security risks, and stated that U.S. Steel will remain under U.S. control.

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elpais.com
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Nippon Steel Acquires U.S. Steel Under Strict US Conditions

Nippon Steel finalized its \$14.1 billion acquisition of U.S. Steel after President Trump approved the deal, imposing conditions that include a \$11 billion investment pledge from Nippon Steel and restrictions on key decisions to protect US jobs and economic interests.

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edition.cnn.com
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Trump Approves US Steel-Nippon Steel Partnership, Securing \$11 Billion Investment

President Trump approved a \$11 billion US Steel-Nippon Steel partnership, reversing earlier opposition, to modernize US Steel's operations, secure American jobs, and maintain national security interests, with a US government "golden share" included in the deal.

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theglobeandmail.com
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Trump Approves \$14.9 Billion Nippon Steel-U.S. Steel Merger

President Trump approved Nippon Steel's \$14.9 billion acquisition of U.S. Steel on Friday, following an 18-month review and the signing of a national security agreement with the Treasury Department; the deal includes \$11 billion in new investments and a "golden share" for the U.S. government.

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cbsnews.com
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Trump Approves Nippon Steel-U.S. Steel Partnership with $11 Billion Investment

President Trump approved a deal allowing Nippon Steel to acquire U.S. Steel, mandating $11 billion in investments by 2028 and a U.S. government golden share, reversing a Biden administration rejection amid union and industry opposition.

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us.cnn.com
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Trump Doubles Steel Tariffs to 50%

President Trump announced a 50% tariff on steel imports, effective June 4th, aiming to protect American steelworkers, building on his March 12th imposition of a 25% tariff. This decision follows a deal allowing Nippon Steel to acquire a controlling stake in US Steel, with US government oversight.

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lexpress.fr
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Trump Doubles Steel and Aluminum Tariffs to 50%

President Trump announced a tariff increase on steel and aluminum imports from 25% to 50%, effective June 4th, aiming to strengthen domestic industries; this follows previous tariffs and legal challenges, and involves a recently approved deal between US Steel and Nippon Steel.

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Showing 1 to 12 of 65 results