Thursday, April 10th 2025, 12:53:53 am
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STORY: :: April 9, 2025:: Trump says he now doesn't want U.S. Steel to 'go to Japan'"China was dumping massive amounts of steel in my first term and I put tariffs on and I saved the steel industry, but now it's going to thrive, maybe like never before. I mean, if you go back to U.S. Steel from 90 years ago, it's incredible is the number one company in the world for a long time. That's why we don't want to see it go to Japan. And we love Japan. But you know U.S. Steel is a very special company. We don't want it to go to Japan or any other place. So we're working with them. And, you know, I don't know if they need any money now, I'll be honest with you there. They hit gold."On Monday (April 7) Trump directed a national security panel to take a fresh look at Nippon Steel's $14 billion bid for U.S. Steel to help determine if "further action" is appropriate, raising hopes the deal could gain an elusive green light.Shares of U.S. Steel fell 13% after the comment in trading after the market closed."We don't want to see it go to Japan. We love Japan, but we, you know, U.S. Steel is very special company. We don't want it to go to Japan or any other place, and we're working with them," Trump said.U.S. Steel and Nippon Steel did not immediately respond to requests for comment.