Story perspectives
US Commerce Secretary Backs Nippon Steel's US Steel Deal
6/7/2025
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Story summary
- US Commerce Secretary Howard Lutnick endorses Nippon Steel's acquisition of US Steel, emphasizing security measures.
- He advised President Trump to approve the acquisition during a Lower House hearing.
- Discussions among Nippon Steel, US Steel, and the government are ongoing, targeting a resolution by June 18.
- The deal may stipulate the appointment of an American CEO.
