Trump reiterates opposition to Nippon Steel's takeover of US Steel

U.S. President-elect Donald Trump stated his intention to block Nippon Steel's $15 billion purchase of U.S. Steel via tax incentives and tariffs. He opposes the acquisition and aims to revive U.S. Steel. Japanese Prime Minister Shigeru Ishiba has requested current President Joe Biden's support. The review deadline by the Committee on Foreign Investment is next month.
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