US President Donald Trump has given his backing to a deal that could secure control of United States Steel Corp. for Japan’s Nippon Steel Corp., ending over 17 months of negotiations.
The news comes as investors, executives, and diplomats struggle to understand the exact terms of the agreement. Despite the endorsement, many questions remain unanswered, leaving uncertainty about the future of the deal.
Source: https://www.bloomberg.com/news/articles/2025-05-25/trump-backing-for-nippon-steel-deal-comes-with-big-questions