Trump Says Nippon Will Drop $15 Billion Bid For U.S. Steel — But ‘Heavily' Invest In It
1. Nippon Steel cancels $15 billion U.S. Steel acquisition due to opposition. 2. Trump claims Nippon will invest heavily in U.S. Steel instead of owning it. 3. Bipartisan rejection highlights importance of keeping U.S. Steel American-owned. 4. Investment details are pending, positive news anticipated for southwestern PA steelworkers. 5. U.S. Steel argued merger was vital for preserving jobs and headquarters.