Trump and Japanese PM say Japan is looking at investment in US Steel instead of purchase

Nippon Koshuha Steel Co

07/02/2025 20:16

WASHINGTON, Feb 7 (Reuters) - U.S. President Donald
Trump and Japanese Prime Minister Shigeru Ishiba said on Friday
Japan was looking at an investment in U.S. Steel  X.N  instead
of an acquisition.
    Japanese firm Nippon Steel's  5401.T  bid to buy U.S. Steel
was blocked last month by former President Joe Biden.
     A White House official said that Trump, in the news
conference, had mistakenly referred to Nippon Steel as "Nissan".
                    

 (Reporting by Trevor Hunnicutt and Nandita Bose, writing by
Kanishka Singh; Editing by Chizu Nomiyama)
 ((Kanishka.Singh@thomsonreuters.com; +12024508248;))