Trump signed an executive order saying the tie-up could move forward if the companies sign an agreement with the Treasury Department resolving national security concerns posed by the deal. The companies then announced they had signed the agreement, fulfilling the conditions of Trump’s directive and effectively garnering approval for the merger… the agreement includes $11 billion in new investments to be made by 2028 as well as governance, production and trade commitments. Nippon Steel will buy a 100% stake in U.S. Steel…some Nippon Steel investors are concerned about short-term financial pressure due to the scale of the additional investment commitment…
America first right?