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Trump says not sure US Steel needs a deal with Nippon thanks to tariffs

From channelnewsasia.com

President Donald Trump said on Thursday he was not sure U.S. Steel needs to make a deal with Nippon Steel because of his tariff policy, casting additional doubt over the future of the proposed tie-up."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. Earlier U.S. Steel said it and Nippon Steel were working closely with the Trump administration "to secure a significant investment," following earlier comments Trump made that dimmed hopes for a greenlight of the companies' long-sought union. Trump said on Wednesday he ... (full story)

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  • Category: Fundamental Analysis