Trump's US Steel decision nears as CFIUS 45-day review winds down

President has 15 days to reach final conclusion on Nippon Steel's acquisition of American company

20250521N Trump/NipponSteel/USSteel Denshiban

U.S. President Donald Trump is to make a final decision within the next two weeks or so on Nippon Steel's planned acquisition of U.S. Steel. (Source photos by Reuters and Nikkei)

KEN MORIYASU

WASHINGTON -- U.S. President Donald Trump has until early June to make a decision on Nippon Steel's proposed acquisition of U.S. Steel.

The timeline became clearer Wednesday with the completion of a confidential review within the 45-day period laid out in an April 7 memorandum from Trump to cabinet members. By law, the completion of the review is followed by a 15-day window for the president to arrive at a final determination.

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