Many factory workers have put faith in Donald Trump and broken with their union over support for tie-up
US president escalates global trade war two days after a court ruled against the legality of his levies
Apparent U-turn from president revives Japanese company’s deal after it was blocked by Joe Biden
Top 100 companies either estimate a big hit to profits or say extreme uncertainty hinders efforts to predict impact
Japanese suitor also promises to add thousands of jobs in bid to win over Trump
David Burritt will have to provide a vision of how the company can thrive on its own if a Nippon Steel deal does not materialise
Potential approach comes weeks after Joe Biden blocked Nippon Steel’s proposed $15bn takeover
Plus, European companies should prepare for activists and US banks confront whether they can underwrite blacklisted companies in Hong Kong
Plus, Nippon sues the US over blocked steel deal and the pressure is on for new investment banker hires to deliver
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administration
Donald Trump calls for American steel group to remain independent company
The company faces a bleak outlook after President Biden blocks its $15bn sale to Nippon Steel
Companies threaten legal action in response to outgoing president’s decision
Would-be acquirers prepare for era where big is no longer bad, but foreign still might be
President set to kill Nippon Steel’s bid in one of his final acts in office
President has already voiced opposition to Japanese company’s takeover plan
Washington will soon rule on tie-up that will have sweeping implications for America’s rustbelt
Lack of consensus at Cfius makes it more likely Joe Biden will block the deal
Pentagon, Treasury and state department all conclude $15bn Nippon Steel acquisition poses no national security risk
A Japanese company’s plan to buy US Steel is challenging the country’s long-standing policy towards foreign investment
Japanese group’s vice-chair plans post-election Washington visit to break political deadlock on $15bn bid
Nippon’s proposed acquisition faces some legitimate pushback
Japanese group wins extension to probe of deal that is opposed by Biden, Harris and Trump
Biden administration opposes Japanese company’s proposed $15bn takeover, which has become an election issue
Biden’s plan to block US Steel acquisition dashes hopes money might beat politics