US Steel shares slip as Nippon Steel faces Trump's hurdle over control
Government
Shares of U.S. Steel dipped in premarket trading after a Nippon Steel executive told the Japanese Nikkei newspaper that its planned acquisition of the company required "a degree of management freedom" to go ahead, after President Donald Trump said he would exercise "total control" over the U.S. steelmaker. The comments signal that last-minute discussions continue regarding the structure of the deal, which was opposed by then-U.S. President Joe Biden and Trump when it was first proposed. Trump
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