Trump casts doubt on whether US Steel deal with Nippon is needed

Nippon Koshuha Steel Co

10/04/2025 18:50

WASHINGTON, April 10 (Reuters) - President Donald Trump said on Thursday he was not sure U.S. Steel X.N needs to make a deal with Nippon Steel 5401.T due to his tariff policy.

"U.S. Steel is going to do very well now because of tariffs, and I don't know why they even need a deal," Trump told reporters during a Cabinet meeting.

 (Reporting by Jeff Mason and Steve Holland; Editing by Chris Reese)

 ((Steve.a.holland@thomsonreuters.com; www.twitter.com/steveholland1; 202 898 8300; Reuters Messaging: steve.holland.reuters.com@reuters.net))