According to Jin10 data on February 8th, US President Trump stated at a press conference after the Japan-US summit that he has agreed to make a huge investment in the Japanese iron and steel company, rather than an acquisition of the giant US Steel Corporation. However, he did not mention the investment framework. He revealed that he will meet with senior officials of Nippon Steel next week for specific discussions. Japanese Prime Minister Shizuka Kishi also gave the same explanation and said, ‘We will join Japan’s technology to produce good products. We have reached a strong consensus with Trump.’ Trump pointed out that US Steel is an important company for the United States and said, ‘I don’t want to see the company leave. It doesn’t feel good.’
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Trump revealed that he will meet with senior officials of Nippon Steel next week.
According to Jin10 data on February 8th, US President Trump stated at a press conference after the Japan-US summit that he has agreed to make a huge investment in the Japanese iron and steel company, rather than an acquisition of the giant US Steel Corporation. However, he did not mention the investment framework. He revealed that he will meet with senior officials of Nippon Steel next week for specific discussions. Japanese Prime Minister Shizuka Kishi also gave the same explanation and said, ‘We will join Japan’s technology to produce good products. We have reached a strong consensus with Trump.’ Trump pointed out that US Steel is an important company for the United States and said, ‘I don’t want to see the company leave. It doesn’t feel good.’