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,

President Donald Trump said on Friday that Japanese-based Nippon Steel will look to invest in U.S. Steel, rather than outright owning the iconic American company, after the sale of U.S. Steel was blocked by President Joe Biden.

President Donald J. Trump on Friday afternoon suggested Nippon Steel Corp. has agreed to invest in United States Steel Corp. instead of acquiring the Pittsburgh-based manufacturer as it has been working toward since December 2023 in a $14.9 billion deal blocked by then-President Joe Biden last month.