Trump Says Nippon Steel Will Make Major Investment in U.S. Steel

President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.

Topics

Trump says Nippon will invest heavily in U.S. Steel rather than purchase the company

"They'll be looking at an investment rather than a purchase," President Donald Trump said at a news conference with Japanese Prime Minister Shigeru Ishiba.
CNBC - 5h
Trump says Nippon will "invest heavily" in U.S. Steel and drop ownership bid

President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.
CBS News - 5h

After DeepSeek Upended the Market, Is It Worth Investing in A.I.?

After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic value of the technology.
The New York Times - 4h
Trump Lawsuits Against Media Gain Momentum

First Amendment experts say Mr. Trump’s lawsuits, based on an unproven legal theory, lack merit. But more could be on the way.
The New York Times - 10h
Trump’s Executive Orders Leave Imprint on the Fed

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
The New York Times - 16h
What Privatization of Fannie Mae and Freddie Mac Means

Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump administration is considering letting them go private again.
The New York Times - 10h
Trump Says He Will Announce Reciprocal Tariffs Next Week

The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.
The New York Times - 2h

Trump and Musk Attack Journalists by Name in Social Media Posts

Since his inauguration, the president has been quick to demonize what he calls “the fake news media.” On Friday, both men demanded that individuals be fired.
The New York Times - 1h
Trump Administration Move to Freeze E.V. Charger Funding Confounds States

Some have halted work on the Biden-era $5 billion program to build E.V. charging stations. Others plan to keep building. Most are confused.
The New York Times - 1h
Trump Says He Will Announce Reciprocal Tariffs Next Week

The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.
The New York Times - 2h
Stock market suffers weekly loss after Trump tariff jitters strike again

The U.S. stock market slumped Friday, with the S&P 500 giving up its weekly gain after investors fretted over reciprocal tariffs planned by President Donald Trump.
MarketWatch - 2h
Right-Wing Crusade Against USAID Has Been Fueled by Falsehoods

As the Trump administration works to dismantle the aid agency, right-wing influencers have flooded the internet with falsehoods about its work.
The New York Times - 2h