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Market
Will the Trump administration implement new tax incentives for U.S. Steel by June 30, 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the U.S. government or relevant legislative bodies
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.
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Similar markets
Increased tariffs on imports • 25%
Subsidies for U.S. steel companies • 25%
No significant changes • 25%
Other measures • 25%
Tax incentives • 25%
Tariffs on steel imports • 25%
Subsidies for U.S. Steel • 25%
Other policy • 25%
Tariffs • 25%
Tax incentives • 25%
Direct negotiations • 25%
Other strategies • 25%
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Yes • 50%
No • 50%
