Trump orders fresh review of Nippon Steel’s bid for U.S. Steel

US Steel — The White House directive sent the share price of U.S. Steel up nearly 14 percent. (AUTOMOTIVE NEWS FILE PHOTO)

April 07, 2025 07:55 PM

WASHINGTON — President Donald Trump directed a powerful U.S. national security panel to take a fresh look at Nippon Steel’s bid for U.S. Steel to help determine if “further action” is appropriate, raising hopes for an elusive greenlight for the deal.

Featured Stories

GM CEO Mary Barra’s 2024 compensation rises to $29.5 million

GM CEO Mary Barra’s 2024 compensation rises to $29.5 million

Mitsubishi holds imports at U.S. ports in response to tariffs, lowers April incentives

Mitsubishi holds imports at U.S. ports in response to tariffs, lowers April incentives

Dealership buy-sell database updates: AutoNation, Top 150 groups among dealmakers across 6 states

Dealership buy-sell database updates: AutoNation, Top 150 groups among dealmakers across 6 states

Congress Conversations: Live talk at 1 p.m. April 16 on tariffs, car pricing and shopper trends

Congress Conversations: Live talk at 1 p.m. April 16 on tariffs, car pricing and shopper trends

Latest News

GM CEO Mary Barra’s 2024 compensation rises to $29.5 million

Congress Conversations: Live talk at 1 p.m. April 16 on tariffs, car pricing and shopper trends

Daily 5 report for April 11: Tariffs force UAW President Shawn Fain to walk a political tightrope

Live updates on tariffs: Mitsubishi holds imports at ports

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers

Two Siemens executives die in NYC tourist helicopter crash

Valeo, Novares, demand up-front payment to cover tariff costs

Continental returns to its roots as tiremaker, sheds ailing units

Trump orders fresh review of Nippon Steel’s bid for U.S. Steel

Staying current is easy with newsletters delivered straight to your inbox.