Trump announces tax incentives and tariffs to boost US Steel, opposing Nippon Steel's acquisition

From Investing.com: 2024-12-02 21:40:57

U.S. President-elect Donald Trump announced tax incentives and tariffs to boost U.S. Steel, opposing Nippon Steel’s acquisition. He emphasized preserving U.S. Steel’s sovereignty, expressing his intent to prevent the foreign purchase. Trump’s stance aims to protect American interests and industry. Buyer Beware warning issued against the acquisition deal.



Read more at Investing.com: Trump says tax incentives and tariffs will make US Steel stronger By Reuters