President Donald Trump hosted Japan’s prime minister at the White House Friday. The two leaders say the U.S.- Japanese relationship is critical for the economy and global security. “It’s a great honor to have you,

Trump said the company agreed to invest heavily instead of owning U.S. Steel. According to the president, he will mediate and arbitrate a meeting with Nippon next week. President Joe Biden, before leaving office last month, blocked the purchase, citing national security concerns.

The compromised international buyout of U.S. Steel took an unexpected turn Friday. President Donald Trump revealed that the Japanese-owned company will back away from its $14.9 billion to acquire U.S.

President Trump said Japanese-based Nippon Steel will look to invest in U.S. Steel, rather than outright owning the iconic American company.

U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba said on Friday Japan was looking at an investment in U.S. Steel instead of an acquisition. Japanese firm Nippon Steel's bid to buy U.

Another sensitive issue Ishiba was expected to address in the leaders’ private talkswas Japan’s Nippon Steel’s efforts to win approval for a $14.1 billion acquisition of the

President Donald Trump speaks alongside Japan’s prime minister to discuss possible Japanese investment in U.S. Steel.

"We love Japan!" Trump said as he greeted Ishiba and the two shook hands. Trump later told reporters at they sat together in the Oval Office that the two countries would work together to get U.S. trade deficit with Japan down to "even.

President Donald Trump hinted during a news conference that Japan could soon face U.S. tariffs if it doesn’t take steps to buy more from the United States. The comments come as Japan’s new prime minister,