Trump administration seeks delay in Nippon Steel case for merger talks

Filing is clearest indication yet that U.S. might let deal proceed in some form

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Nippon Steel's headquarters in Tokyo. The steelmaker's effort to acquire U.S. Steel has been blocked by U.S. regulators. © Reuters

(Reuters) -- The Trump administration filed a motion to extend two deadlines in U.S. Steel and Nippon Steel's lawsuit against a U.S. national security panel to give the government more time to wrap up merger talks with the firms, a filing showed on Monday.

The filing is the clearest indication that U.S. President Donald Trump may allow the deal, scuttled by his predecessor Joe Biden, to proceed in some form.

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