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VisitHow will Nippon Steel respond if their acquisition of U.S. Steel is blocked by May 31, 2025?
Legal Challenge • 25%
Negotiation for Terms • 25%
Abandonment of Deal • 25%
Other • 25%
Official statements from Nippon Steel or news reports
Trump to Block Nippon Steel's $14.9 Billion U.S. Steel Deal Amid Security Concerns
Dec 3, 2024, 03:53 AM
President-elect Donald Trump has announced his opposition to the proposed $14.9 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing concerns over national security and economic impact. Trump stated that he will block the deal upon taking office, aiming to keep U.S. Steel under American ownership. He plans to implement tax incentives and tariffs to strengthen U.S. Steel. The deal is currently under review by the Committee on Foreign Investment in the United States (CFIUS) and has faced bipartisan opposition, with both Trump and current President Joe Biden expressing concerns. Nippon Steel responded by stating that the acquisition would strengthen the U.S. industry and national security.
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Propose revised terms • 25%
Pursue legal action • 25%
Abandon acquisition plans • 25%
Seek alternative partnerships • 25%
Negotiation for a new deal • 25%
Other • 25%
Withdrawal from U.S. market • 25%
Legal action • 25%
Legal action against U.S. • 25%
Abandon acquisition plans • 25%
Negotiation with U.S. government • 25%
Pursue alternative acquisition • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Joint statement for reconsideration • 25%
Nippon Steel challenges decision • 25%
U.S. Steel seeks other buyers • 25%
No significant reaction • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Formal diplomatic protest • 25%
Economic retaliatory measures • 25%
Seek negotiations • 25%
No significant response • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Rejected • 25%
Withdrawn • 25%
Approved • 25%
Conditional Approval • 25%