CNN —
President-elect Donald Trump has again indicated that he intends to block a Japanese firm’s $15 billion takeover bid of US Steel upon taking office, saying the former American giant can eventually stand on its own.
“Through a series of Tax Incentives and Tariffs, we will make U.S. Steel Strong and Great Again,” he said on his Truth Social platform on Monday. “As President, I will block this deal from happening. Buyer Beware!!”
The intended buyer, Nippon Steel, said it was determined to protect and grow US Steel.
“We will invest
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