Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
President backs Nippon Steel deal with US Steel
Bangkok Post
|May 25, 2025
US President Donald Trump on Friday threw his support behind a new “partnership” between US Steel and Japan’s Nippon Steel, sending the American firm's share price skyrocketing on hopes of an end to the long-running saga over foreign ownership of a key national asset.
-
While the details of the deal remained unclear, the Pennsylvania-headquartered firm’s share price popped after Mr Trump took to Truth Social to hail the new arrangement, closing up more than 21% and then rising further in after-hours trading.
“US Steel will REMAIN in America, and keep its Headquarters in the Great City of Pittsburgh,” the US president said in his social media post.
He added that the new “planned partnership” between America’s US Steel and Japan’s Nippon Steel would create at least 70,000 jobs and add US$14 billion (455 billion baht) to the US economy.
Mr Trump's remarks are the latest in a long saga which began in December 2023, when US Steel and Nippon Steel announced plans for a $14.9 billion merger.
Denne historien er fra May 25, 2025-utgaven av Bangkok Post.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Bangkok Post
Bangkok Post
Prabowo, Lula meet in Jakarta to ink agreements
Indonesia and Brazil agreed to boost ties and struck a series of agreements yesterday as their leaders met in Jakarta, with Southeast Asia's biggest economy looking to make further inroads into South American markets.
1 mins
October 24, 2025
Bangkok Post
Liverpool roar back, hit Frankfurt for five
Chelsea kids run riot, Real, Bayern perfect
3 mins
October 24, 2025
Bangkok Post
DUSIT THANI BANGKOK CELEBRATES VEGETARIAN FESTIVAL WITH REIMAGINED THAI CLASSICS
Pavilion restaurant at Dusit Thani Bangkok joins the celebration of the 2025 Vegetarian Festival with a specially curated selection of vegetarian dishes that blend Thai authenticity with refined culinary craftsmanship.
1 min
October 24, 2025
Bangkok Post
CHILD'S PLAY
5 easy recipes even the pickiest of kids will enjoy
1 min
October 24, 2025
Bangkok Post
Trump squeezes India over Russian oil
Donald Trump is putting more pressure on India to slash its Russian oil purchases.
3 mins
October 24, 2025
Bangkok Post
Suphajee at Asean-Apec meetings
Commerce Minister Suphajee Suthumpun is heading to Malaysia and South Korea for the Asean-Apec meetings from today till Nov 1.
1 min
October 24, 2025
Bangkok Post
'Scam-gate' deserves full accounting
The explosive revelations and allegations of regional cybercrimes and scam networks have hit Thailand head-on and placed the government of Prime Minister Anutin Charnvirakul in an awkward and defensive position.
4 mins
October 24, 2025
Bangkok Post
Businesses in tourist areas to receive extra tax breaks
The government has expanded its double tax deduction programme for corporate expenses on training, seminars, and domestic travel, extending eligibility to selected districts in major tourist provinces to help stimulate local economies and promote regional tourism.
1 min
October 24, 2025
Bangkok Post
Tebas laments match collapse
The cancellation of La Liga's plan to hold a Barcelona match in Miami in December is a \"missed opportunity\" for Spanish football, the league's president said on Wednesday, while elsewhere its collapse was celebrated.
2 mins
October 24, 2025
Bangkok Post
SEC toughens stance on margin loans
Rule change aims to limit systemic risk
2 mins
October 24, 2025
Listen
Translate
Change font size