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Trump says he does not want to see US Steel go to Japan
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Trump says he does not want to see US Steel go to Japan
Apr 9, 2025 2:32 PM

WASHINGTON, April 9 (Reuters) - U.S. President Donald

Trump said on Wednesday that he does not want U.S. Steel Corp

to go to Japan, suggesting he no longer supports Nippon

Steel's ( NISTF ) bid for the American steel producer.

Shares of U.S. Steel fell 13% after the comment in trading

after the market closed.

"We don't want to see it go to Japan. We love Japan, but we,

you know, U.S. Steel is very special company. We don't want it

to go to Japan or any other place, and we're working with them,"

Trump said.

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