Express News | Japan Steel responded to Trump's statement, reiterating that the acquisition will promote the development of united states steel.
Express News | U.S. Steel Shares Down 6.8% Premarket After Trump Reiterates Opposition to Nippon Steel's Takeover of U.S. Steel
Express News | Pre-market trading: Super micro computer continues to rise nearly 9%, DXYZ rises nearly 7%.
Stock market movement: united states steel fell nearly 6% before the market opened, Trump opposes Nippon Steel's acquisition of united states steel.
Great Wall News on December 3 | United States Steel (X.US) fell nearly 6% before the market, to $38.52. On the news side, President-elect Trump stated on social media on December 2 local time that he is completely against United States Steel being acquired by Japan Iron and Steel, "Through a series of tax incentives and tariff measures, we will make United States Steel strong and great again, and it will happen very quickly! As President, I will stop this trade from taking place." (Great Wall News)
Trump reiterates: opposes Nippon Steel's acquisition of united states steel (X.US).
Trump stated on Monday that a series of tax incentives and tariffs will revitalize the united states steel industry, and reiterated his opposition to Nippon Steel's acquisition of American steel.
The acquisition of united states steel is encountering waves again! Trump: He will prevent this trade.
① Newly elected President Trump opposes Nippon Steel's acquisition of United States Steel, stating that he will block the trade; ② Trump posted on social media, stating plans to strengthen United States Steel through tax incentives and tariffs; ③ Last year, Japan Iron declared a $14.9 billion acquisition of United States Steel, subject to CFIUS review, but faced unanimous opposition from both parties.