June 8, 2025
Sydney 29

Trump approves Nippon Steel investment in US steel, ending saga over foreign ownership of national asset

US President Donald Trump (File Image) US President Donald Trump approved a bid by Japan-based Nippon Steel to make a big investment in the iconic American steelmaker, causing the American company’s shares to surge dramatically amidst discussions about foreign control of a vital national asset.The Pennsylvania-based company’s shares increased by over 21 per cent, with […]