Trump says he does not want to see U.S. Steel go to Japan

From cnbc.com

U.S. President Donald Trump said on Wednesday he does not want U.S. Steel Corp to go to Japan, suggesting he does not support Nippon Steel’s 5401.T bid for the American steel producer. The comment appeared to contradict recent actions by the Trump administration. On Monday, 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. Following Trump’s latest comment, shares of U.S. Steel fell 13% in after-hours trading on Wednesday. “We don’t ... (full story)