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FX Daily Updates
Trump and Japanese PM say Japan is looking at investment in US Steel instead of purchase
georgemiller
Publish Date: Fri, 07 Feb 2025, 20:23 PM

WASHINGTON, Feb 7 (Reuters) - U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba said on Friday Japan was looking at an investment in U.S. Steel (X.N) , opens new tab instead of an acquisition.
Japanese firm Nippon Steel's (5401.T) , opens new tab bid to buy U.S. Steel was blocked last month by former President Joe Biden.
A White House official said that Trump, in the news conference, had mistakenly referred to Nippon Steel as "Nissan".
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https://www.reuters.com/markets/commodities/trump-japanese-pm-say-japan-is-looking-investment-us-steel-instead-purchase-2025-02-07/