{
}
Nippon Steel and US Steel are negotiating a deal to secure a $14 billion merger, with Nippon offering to increase its investment in US Steel facilities from $2.7 billion to as much as $7 billion. The discussions involve the US government, with Nippon Steel's president confirming ongoing negotiations to finalize the equity purchase terms and future investment plans.
Japan's automobile industry association has urged the government to protect local automakers from potential U.S. tariffs on auto imports, which could severely impact both economies. JAMA Chairman Masanori Katayama expressed concerns during a meeting with Trade and Industry Minister Yoji Muto, highlighting the vulnerability of major manufacturers like Toyota, Honda, and Nissan. The proposed 25% tariffs, set to begin soon, could hinder the ability to absorb increased costs and lead to broader economic repercussions.
Japan Iron and Steel Federation Chairman Tadashi Imai expressed concerns that the rise of protectionism could lead to a downturn in the global steel market. His remarks follow U.S. President Donald Trump's announcement of impending tariffs on all steel and aluminum imports.
Tadashi Imai
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Nippon Steel increases investment offer to secure US Steel merger deal
03:42 28.03.2025
Japanese auto industry seeks government support against potential US tariffs
United States Dollar
Isuzu Motors Ltd.
USA
CAN
JPN
MEX
Yoji Muto
Tadashi Imai
Masanori Katayama
Show more
18:16 25.02.2025
Japan steel industry warns of market downturn due to rising protectionism
08:41 25.02.2025
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Government Economic Policies
Supply Chain Management
Retail and Consumer Goods
Industry Mergers & Acquisitions
Stock Market Updates
Private Equity Deals
Global Financial Events
Funding Rounds & Investments
Venture Capital Investments
Workplace Trends
Emerging Startups
CEO Changes
Finance Mergers & Acquisitions
Consumer Protection Regulations
Energy Sector Developments
Inflation and Monetary Impact
Countries:
Companies:
Apple Inc.
NVIDIA Corporation
Google Inc.
Samsung Securities Co.,Ltd.
Tesmec S.p.A.
Toyota Motor Corp
Honda Motor Co., Ltd.
Taiwan Semiconductor Manufacturing Company Limited
Microsoft Corporation
The Goldman Sachs Group, Inc.
International Monetary Fund FUND
Kraken Energy Corp.
Amazon.com, Inc.
JD.com, Inc.
Meituan
KuCoin Token USD
Verizon Communications Inc.
OpenAI ERC USD
Dell Technologies Inc.
Nokia Oyj
Currencies:
United States Dollar
Euro
Chinese Yuan
Indian Rupee
Japanese Yen
British Pound Sterling
Indonesian Rupiah
Australian Dollar
New Zealand Dollar
South Korean Won
Offshore Chinese Yuan
Vietnamese Đồng
New Taiwan Dollar
Singapore Dollar
Egyptian Pound
Nigerian Naira
Nicaraguan Córdoba
South African Rand
United Arab Emirates Dirham
Malaysian Ringgit
People:
Donald Trump
Howard Lutnick
Changpeng Zhao
Shigeru Ishiba
Scott Bessent
Chris Wright
Tim Cook
Haider Ali Khan
Justin Sun
Jamieson Greer
Abdulaziz bin Salman Al Saud
Mohammad Al Tamimi
Mohammad Altamimi
Jensen Huang
Sam Altman
Xi Jinping
Christopher Flinos
Mohammed bin Salman Al Saud
Ray Dalio
John Abraham