Business dealsNippon Steel needs 'management freedom' for U.S. Steel deal, says exec
Comment made after Trump says US will exercise 'total control' over steelmaker
Nippon Steel says it requires "management freedom" to reach agreement with the U.S. government over its acquisition of U.S. Steel. (Source photos by Yuki Kohara and Yuki Nakao)
NAOKI MATSUDA
June 13, 2025 15:05 JST
Updated on June 13, 2025 16:01 JST
TOKYO -- A Nippon Steel executive told Nikkei on Friday the acquisition of U.S. Steel requires "a degree of management freedom" to go ahead, after U.S. President Donald Trump said he would exercise "total control" over the fate of his nation's iconic steelmaker.