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VisitOutcome of Nippon Steel's acquisition attempt of U.S. Steel by June 30, 2025?
Approved • 25%
Blocked by CFIUS • 25%
Withdrawn by Nippon Steel • 25%
Other outcome • 25%
Official announcements from CFIUS, Nippon Steel, or U.S. Steel
Trump Vows to Block Nippon Steel's $14.1 Billion Acquisition of U.S. Steel
Dec 3, 2024, 03:09 AM
President-elect Donald Trump has announced his opposition to Nippon Steel's proposed acquisition of U.S. Steel, pledging to block the $14.1 billion deal upon taking office. Trump stated he will utilize tax incentives and tariffs to revive the American steel industry, making U.S. Steel 'strong and great again.' The transaction has been under review by the Committee on Foreign Investment in the United States (CFIUS) and was also opposed by the Biden administration due to national security concerns. Notably, Nippon Steel, Japan's largest steelmaker, had hired former Secretary of State Mike Pompeo earlier this year to assist in securing the deal.
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Approved without conditions • 25%
Approved with conditions • 25%
Blocked by U.S. government • 25%
Withdrawn by Nippon Steel • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Withdrawn by Nippon Steel • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Withdrawn • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Blocked • 25%
Withdrawn by Nippon Steel • 25%
Acquisition blocked • 25%
Acquisition approved with conditions • 25%
Acquisition approved without conditions • 25%
Acquisition withdrawn by Nippon Steel • 25%
Approved • 25%
Blocked by U.S. government • 25%
Deal withdrawn by Nippon Steel • 25%
Other outcome • 25%
No • 50%
Yes • 50%
Subsidies for U.S. Steel • 25%
Other policy • 25%
Tax incentives • 25%
Tariffs on steel imports • 25%
Other role • 25%
No significant impact • 25%
Withdrawal due to his advice • 25%
Successful negotiation • 25%