Market
What will be the outcome of the CFIUS review of Nippon Steel's acquisition of U.S. Steel by April 30, 2025?
2
Resolution / Starting Odds
Approved • 25%
Rejected • 25%
Conditional Approval • 25%
Withdrawn • 25%
Official announcements from the Committee on Foreign Investment in the United States (CFIUS)
Story
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.
View original story
Similar markets
Decision delayed • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Blocked • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
No decision by deadline • 25%
Approved with conditions • 34%
Approved • 33%
Blocked • 33%
Neutral • 33%
Opposed • 34%
Supportive • 33%
No • 50%
Yes • 50%
Acquisition Blocked • 25%
No Decision by Deadline • 25%
Acquisition Approved • 25%
Acquisition Approved with Conditions • 25%
Further Review Required • 25%
Deal Blocked • 25%
Deal Approved • 25%
Other Outcome • 25%
Approve • 25%
Other • 25%
No Consensus • 25%
Block • 25%