Trump Says U.S. Steel Will Be Controlled by U.S.

Washington, May 25 (Jiji Press)--United States Steel Corp., which Japan's Nippon Steel Corp. is seeking to fully acquire, "will be controlled by the United States," U.S. President Donald Trump told reporters on Sunday. "Otherwise, I wouldn't make the deal," Trump added, suggesting that the U.S. government may only allow the Japanese firm to acquire part of U.S. Steel's shares. While noti...

Trump Says U.S. Steel Will Be Controlled by U.S.
Washington, May 25 (Jiji Press)--United States Steel Corp., which Japan's Nippon Steel Corp. is seeking to fully acquire, "will be controlled by the United States," U.S. President Donald Trump told reporters on Sunday. "Otherwise, I wouldn't make the deal," Trump added, suggesting that the U.S. government may only allow the Japanese firm to acquire part of U.S. Steel's shares. While noti...