Trump's Commitment to Uphold US Steel's Sovereignty

U.S. President-elect Donald Trump has reiterated his opposition to the proposed acquisition of U.S. Steel by Nippon Steel of Japan, emphasizing his commitment to revitalize the American steel industry through a series of tax incentives and tariffs.

In a recent post on his social-media platform Truth Social, Trump stated, "I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan." He further declared, "I will block this deal from happening. Buyer Beware!!!"

Trump's stance underscores his broader strategy to protect and strengthen American industries, particularly those deemed critical to national security and economic prosperity.