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  • Trump greenlights Nippon merger with US Steel

    05/23/2025 12:56:15 PM PDT · by DFG · 28 replies
    CNBC ^ | 05/23/2025 | Spencer Kimball
    President Donald Trump said Friday that U.S. Steel and Nippon Steel will form a “partnership,” after the Japanese steelmaker’s bid to acquire its U.S. rival had been blocked on national security grounds. U.S. Steel shares jumped more than 24%.