Exclusive-US panel divided over Nippon Steel bid for US Steel but path forward seen, says official

By Alexandra Alper
WASHINGTON (Reuters) -A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel's bid for U.S. Steel but most panel members believe any security risks posed by the deal can be addressed, a White House official said.
The Committee on Foreign Investment in the U.S. on Wednesday submitted a recommendation to Trump about the national security implications of the merger, Reuters reported, as directed by Trump in an executive order signed last month.
But key details had not emerged until now about the contents of the document, submitted after Japan's Nippon Steel supercharged its pledged investment in U.S. Steel to $14 billion in a last-ditch bid for approval, as reported by Reuters.
"We've received the report and the President will review the recommendations of each agency to determine if additional action on this matter is necessary," the White House official said in a statement. "CFIUS agencies were not unanimous in their recommendation, but the majority believe any risks can likely be addressed through mitigation," the person added, declining to be named because the matter was not public.
Nippon Steel declined to comment. U.S. Steel did not immediately respond to a request for comment.
The recommendation complies with an executive order signed by Trump last month, which tasked CFIUS with outlining whether any measures proposed by the companies assuage the national security risks previously identified by the committee.
The April directive also asked for a statement describing the position of each agency that is a member of CFIUS as well as the reasons behind it.
Trump will now have 15 days to decide the fate of the transaction, although the timeline could slip.
Following a previous CFIUS-led review, former President Joe Biden blocked the deal in January on national security grounds.
The companies sued, arguing they did not receive a fair review process. The Biden White House rejected that view.
Reuters reported this week that if the merger is approved, Nippon Steel has said it would invest $14 billion into U.S. Steel's operations including up to $4 billion in a new steel mill.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

33 minutes ago

• Yahoo

ThinkCareBelieve: Week 22 of America's Rise to Greatness under President Trump's Leadership

Washington, DC, June 21, 2025 (GLOBE NEWSWIRE) -- Link to ThinkCareBelieve's Article: has published an article about Week 22 of America's rise to greatness. This week entailed outstanding leadership by a steady hand through choppy waters and ThinkCareBelieve's article shows how the President kept moving forward at a strong, surefooted pace. ThinkCareBelieve's article has important progress made at the G7 and the signing of major trade agreements as tensions between Iran and Israel took place. The message from Press Secretary Karoline Leavitt this week was "Trust in President Trump." Great nations are made because of great leaders and this week was proof of it. America has just had the highest wage increase in 60 years and the article has it. Real blue collar wages are up nearly 2%! America's low inflation and rising wages is a sure sign of success. Two new 88 foot high flag poles were installed this week, a magnificent addition to the White House grounds. The article has the latest on the status of student visas from Secretary of State Marco Rubio and President Trump's approval numbers keep going up! The article covers the Genius Act being passed by the Senate and the announcement that 70,000 people have signed up for President Trump's Gold Card Visa. The article has an abundance of reasons the One Big Beautiful Bill will benefit Americans. The OBBB will drive growth and supercharge the American economy. The article even has a tax-free tips and overtime calculator to see the average savings in your state: The article has statements by Dr. OZ the Administrator of the Center for Medicaid and Medicare Services on just how the One Big Beatiful Bill will help the most vulnerable of us who will suffer if the OBBB is not passed. The article also covers the great strides made by Secretary Kennedy convincing major food manufacturers to remove artificial food dyes and chemicals from their foods. The article also has an announcement by U.S. Attoney Jeanine Pirro of the U.S. Department of Justice crackdown on Crypto Currency Confidence Scams with confiscation and seizure of stolen money being returned back to the victims. Numerous investigations commenced this week and ThinkCareBelieve's article has the surge in attacks on ICE as they tried to do their jobs arresting criminal illegal aliens, catching child predators and dismantling trafficking networks. President Trump is the Man in the Arena and we are witessing history seeing how this man leads us through the muck and the mire to peace and prosperity in America's Golden Age. is an outlook. ThinkCareBelieve's mission for Peace advocacy facilitates positive outcomes and expanded possibilities. To achieve Peace, we will find the commonalities between diverse groups and bring the focus on common needs, working together toward shared goals. Activism is an important aspect of ThinkCareBelieve, because public participation and awareness to issues needing exposure to light leads to justice. Improved transparency in government can lead to changes in policy and procedure resulting in more fluid communication between the public and the government that serves them. America needs hope right now, and Americans need to be more involved in their government. ### CONTACT: CONTACT: Joanne COMPANY: ThinkCareBelieve EMAIL: joanne@ WEB: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Newsweek

an hour ago

• Newsweek

Donald Trump Calls Green Tax Credits in 'Big Beautiful Bill' 'Scam'

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. President Donald Trump criticized his own federal budget legislation in a post on Truth Social Saturday. "I HATE 'GREEN TAX CREDITS' IN THE GREAT, BIG, BEAUTIFUL BILL," the president said, adding "They are largely a giant SCAM." The bill, which includes $4.9 trillion package packed with tax breaks, budget cuts and new Medicaid work requirements, made it past the House last month in a close 215-214 vote, with two Republicans breaking ranks to vote "no," Newsweek previously reported. The next hurdle, opposition and infighting in the Senate. Now, Trump has stated even he has problems with outlined initiatives. "I would much prefer that this money be used somewhere else, including reductions. 'Anywhere' would be preferable!" Trump exclaimed. "Windmills, and the rest of this "JUNK," are the most expensive and inefficient energy in the world, is destroying the beauty of the environment, and is 10 times more costly than any other energy," the President explained, adding "None of it works without massive government subsidy (energy should NOT NEED SUBSIDY!). Also, it is almost exclusively made in China!!! It is time to break away, finally, from this craziness!!!" This is a breaking news story. Updates to come.

USA Today

an hour ago

• USA Today

Huckabee: State Department is evacuating Americans from Israel amid Iran conflict

US Ambassador to Israel Mike Huckabee also posted actions people can take to remain safe including learning the location of the nearest bomb shelters. The State Department has begun evacuating American citizens and permanent residents from Israel and the West Bank, U.S Ambassador to Israel Mike Huckabee announced on social media as the Israel-Iran war enters a second week. 'The Department of State has begun assisted departure flights from Israel,' Huckabee wrote in a post on X on June 21 asking people seeking government assistance to fill out a form. Huckabee also posted actions people can take to remain safe including learning the location of the nearest bomb shelters, avoiding large gatherings and monitoring local media. The State Department did not immediately respond to questions asking about the number of Americans it expects to retrieve from Israel. The conflict started a week ago when Israel began conducting airstrikes against Iranian nuclear and military sites, primarily targeting uranium enrichment facilities to prevent Iran from developing nuclear weapons. The two countries have been engaged in aerial strikes while President Donald Trump is mulling over the possibility of U.S. involvement to help Israel destroy Iranian nuclear facilities. Hundreds of Americans have left Iran in the last week, according to an internal State Department cable seen by Reuters. Trump is expected meet his national security team on the evening of June 21 to discuss possible U.S. involvement in the conflict .