Trump says Japan's Nippon Steel will now invest in U.S. Steel -- not take it over

The president said Nippon Steel would invest in U.S. Steel rather than take over the storied American manufacturer. He also said DOGE would look for savings at the Pentagon and Education Department.

Feb 8, 2025 - 00:37
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Trump says Japan's Nippon Steel will now invest in U.S. Steel -- not take it over
President Trump speaks during a joint press conference with Japanese Prime Minister Shigeru Ishiba following talks, in the East Room of the White House on Friday.

The president said Nippon Steel would invest in U.S. Steel rather than take over the storied American manufacturer. He also said DOGE would look for savings at the Pentagon and Education Department.

(Image credit: Mandel Ngan)