Trump’s statement on a “planned partnership” between the two companies left it vague as to whether he is approving Nippon Steel’s bid after he vowed repeatedly to block the

Market Domination co-host Josh Lipton tracks today's top stories and stocks in this Market Minute. Bitcoin (BTC-USD) pulls back from recent highs above $111,900 amid the market downturn. Nippon Steel's (NPSCY) planned acquisition of US Steel (X) continues to hang in the balance,

US President Donald Trump has announced a "planned partnership" between US Steel and Japan's Nippon Steel, signaling possible approval for the Japanese company's acquisition of the iconic American steelmaker.

Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three people familiar with the matter.

Nippon Steel's $14.1 billion bid for United States Steel isn't just about buying a companyit's a bet on survival in a shifting global steel game. According to Vice Chairman Takahi

The efforts to push through Nippon Steel’s proposed takeover come as Japanese negotiators are seeking to lower a 24 per cent tariff on the country’s imports into the US introduced by the Trump administration. Japanese officials signalled their intent last week to hold out for a better agreement.