Trump’s Unclear Stance on Nippon Steel’s US Steel Acquisition: A CFIUS Conundrum
Trump’s Unclear Stance on Nippon Steel’s US Steel Acquisition: A CFIUS Conundrum The proposed acquisition of US Steel by Nippon Steel, initially blocked by President Biden on national security grounds, remains shrouded in uncertainty despite President Trump’s recent pronouncements. While Trump announced a “blockbuster agreement,” details remain scarce, leaving stakeholders—including US Steel employees, shareholders, and Nippon Steel—in limbo. The key sticking point: the deal’s structure. While Trump claims US Steel will remain “controlled by the USA,” the mechanism for this…