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Trump to meet US Steel CEO as Nippon Steel chief touts deal as meeting Trump's goals

1. Trump opposes Nippon Steel's bid for U.S. Steel. 2. Meeting between Trump and U.S. Steel CEO is scheduled. 3. Nippon Steel claims acquisition supports U.S. investment and jobs. 4. U.S. Steel's fate is uncertain due to political opposition. 5. Japan's prime minister's upcoming address may influence the deal.

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FAQ

Why Very Bearish?

Trump's strong opposition signals difficulties for any acquisition, impacting U.S. Steel negatively.

How important is it?

Political dynamics surrounding U.S. Steel's potential sale directly impact its valuation.

Why Short Term?

Immediate political actions may quickly affect investor sentiments regarding U.S. Steel.

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