Trump “Completely Opposed” to Nippon Steel’s Acquisition of US Steel

Politics

Trump renews opposition to Nippon Steel’s acquisition of US Steel, citing tax breaks and tariffs to strengthen the company.

1ikhtiandr★.Dec. 3, 2024 (Tue) 12:27:02.79ID:K+J2HDfz9
(Reuters) – U.S. President-elect Donald Trump on Tuesday said U.S. Steel would become stronger again through a series of tax breaks and tariffs, and renewed his opposition to Nippon Steel Corp’s proposed takeover of the company. “I am totally opposed to the acquisition of the once great and powerful United States Steel by a foreign company, this time Nippon Steel Corporation,” Trump said in a social media post. “I will block this deal. Buyer beware!” yahoo!japan/reutersPublished on 12/3 (Tue) 11:53.

日鉄によるUSスチール買収「阻止する」、トランプ氏が改めて反対表明(ロイター) - Yahoo!ニュース
[2日 ロイター] - トランプ次期米大統領は2日、USスチールは一連の税制優遇措置や関税を通じて再び強くなると述べ、日本製鉄による買収計画に改めて反対を表明した。トランプ氏は自身のソーシャルメ
4Anonymous Donburako.Dec. 3, 2024 (Tue) 12:28:23.66ID:2GGNWR780
>>1
So what should we do?
Nationalize it?
2Anonymous Donburako.Dec. 3, 2024 (Tue) 12:27:38.21ID:BtStsW7h0
Good thing you opposed it. If it’s an order from the president, surely there’s no need to pay the penalty?
43Anonymous Donburako.Dec. 3, 2024 (Tue) 12:33:42.10ID:UufnkVEP0
>>2
If Trump objects and the acquisition is not approved, Nippon Steel will have to pay a penalty.
Nippon Steel will just get its money.
87Anonymous Donburako.Dec. 3, 2024 (Tue) 12:38:39.12ID:0ct1XGGF0
>>2
I think it was a weird negotiation where they would take the money even if it didn’t work out.
96Anonymous Donburako.Dec. 3, 2024 (Tue) 12:40:01.24ID:U2w6deTD0
>>2
It’s a crazy contract that requires you to pay a penalty even if the acquisition fails. Shareholders can sue over this.
3Security Guard [lv.5] [Sprout].Dec. 3, 2024 (Tue) 12:28:22.58ID:GkWKZ0lx0
So Americans want big government and every country is run by socialists or communists.
5Anonymous Donburako.Dec. 3, 2024 (Tue) 12:28:33.59ID:Nnpobm3x0
Oh, US Steel would have been dead no matter which side the Democrats or Republicans were on. What an incredible ability to revise history.
15Anonymous Donburako.Dec. 3, 2024 (Tue) 12:30:33.29ID:7ILNatIl0
>>5
Biden-Harris is just a performance
Trump is seriously opposed
This was obvious from the presidential election.
6Anonymous Donburako.Dec. 3, 2024 (Tue) 12:28:44.66ID:Ym50dSYX0
Why would they enter into such a contract, with the expectation that they would have to pay a penalty if the acquisition was opposed and the deal was not successful?
9Anonymous Donburako.Dec. 3, 2024 (Tue) 12:29:35.47ID:luED6glL0
Ishihara’s letter was pointless.
10Anonymous Donburako.Dec. 3, 2024 (Tue) 12:29:41.10ID:usOjz/5Z0
If Nippon Steel were to rename itself American Steel, all that would be solved.
11Anonymous Donburako.Dec. 3, 2024 (Tue) 12:29:53.64ID:T1RpYX8a0
Of course, it’s America first.
13Anonymous Donburako.Dec. 3, 2024 (Tue) 12:30:12.47ID:O5bPyonn0
Trump: “If you pay the penalty, I’ll kill you”
US Steel “”.
50Anonymous Donburako.Dec. 3, 2024 (Tue) 12:34:33.11ID:5JjGSDvT0
>>13
Nippon Steel will pay for it.
18Anonymous Donburako.Dec. 3, 2024 (Tue) 12:30:56.46ID:tVZRCTzo0
US Steel is on the verge of collapse, but will national policy protect it?
19Anonymous Donburako.Dec. 3, 2024 (Tue) 12:31:06.79ID:EQvqtBwF0
It’s like a Korean move.
21Anonymous Donburako.Dec. 3, 2024 (Tue) 12:31:15.04ID:2487jh+P0
Nippon Steel is the company that provided all of its technology to China free of charge. As a result, Japanese steelmaking is in a difficult position… As a Japanese citizen, I cannot support them in any way.
66Anonymous Donburako.Dec. 3, 2024 (Tue) 12:36:03.72ID:b+ClL9vq0
>>21
That’s German technology.
22Anonymous Donburako.Dec. 3, 2024 (Tue) 12:31:15.10ID:ZYq6hsdu0
Oh, it’s starting to steam up, this is quite something to see lol.
23Anonymous Donburako.Dec. 3, 2024 (Tue) 12:31:17.72ID:n593iBkl0
Ishihara’s reputation has been completely ruined lol.
25Anonymous Donburako.Dec. 3, 2024 (Tue) 12:31:27.01ID:SBEHbNhp0
Will Nippon Steel’s share price plummet?
If the acquisition plan is cancelled, they will have to pay a huge penalty.
27Anonymous Donburako.Dec. 3, 2024 (Tue) 12:31:46.74ID:BLSjPm4i0
Even if it goes down, you still accept it and make a big profit?
28Anonymous Donburako.Dec. 3, 2024 (Tue) 12:31:51.49ID:atsyAtR20
Don’t buy it at all, you’ll end up like Toshiba.
29Anonymous Donburako.Dec. 3, 2024 (Tue) 12:32:00.83ID:h9uT9qA00
Notice of termination
If the acquisition doesn’t go through for some reason, Nippon Steel has a contract to pay a penalty, so pay it.
31Anonymous Donburako.Dec. 3, 2024 (Tue) 12:32:11.59ID:6Pw522Y50
This has to be cancelled now. They can do whatever they want about the penalty. The Trump administration’s main goal is to rebuild manufacturing and revive the middle class, so this is a problem right in the middle of that. They should pull the plug on it as soon as possible.
32Anonymous Donburako.Dec. 3, 2024 (Tue) 12:32:12.48ID:2487jh+P0
Once you learn about the history of Nippon Steel, it won’t matter anymore.
33Anonymous Donburako.Dec. 3, 2024 (Tue) 12:32:38.28ID:oKcWtNJF0
That’s enough. Just raise the tariffs. Let’s move away from America.
35Anonymous Donburako.Dec. 3, 2024 (Tue) 12:33:01.51ID:CzmSfb0b0
Are you going to destroy US Steel?
38Anonymous Donburako.Dec. 3, 2024 (Tue) 12:33:18.29ID:Tsop7UWH0
That’s rude since they were the one who asked me lol.
39Anonymous Donburako.Dec. 3, 2024 (Tue) 12:33:31.04ID:n593iBkl0
All they have to do is come up with a suitable reason to cancel the acquisition. It would kill two birds with one stone by doing Trump a favour and embarrassing Ishiba at the same time.
40Anonymous Donburako.Dec. 3, 2024 (Tue) 12:33:32.11ID:lEiSofTA0
It’s pro wrestling, right?
It’s already been decided
If it can be cancelled, please do it
It would be a rip-off purchase in Japan.
52Anonymous Donburako.Dec. 3, 2024 (Tue) 12:34:36.64ID:7ILNatIl0
>>40
You can do it?
If America doesn’t approve it, it will be cancelled.
That’s what’s happening.
46Anonymous Donburako.Dec. 3, 2024 (Tue) 12:34:02.70ID:hHqiLI3A0
So what will happen to this company? Will it be helped with public funds?
56Security Guard [lv.5] [Sprout].Dec. 3, 2024 (Tue) 12:34:40.02ID:vnuTTVkg0
It will just collapse.
Reference: https://asahi.5ch.net/test/read.cgi/newsplus/1733196422/

Other languages: 【米国】トランプ氏日鉄によるUSスチール買収に「全面反対」, [EE.UU.] El Sr. Trump está ”totalmente opuesto” a la adquisición de US Steel por parte de Nippon Steel.

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