U.S. Steel deal helps America compete with China: Nippon Steel CEO

Hashimoto says commitments made to Trump will not hinder operations

20250619 Nippon Steel Chairman and CEO Eiji Hashimoto

Nippon Steel Chairman and CEO Eiji Hashimoto tells the media that "we are satisfied with the agreement reached with the U.S. government." He spoke at the company's headquarters in Tokyo on June 19. (Photo by Mayumi Tsumita)

SHOTARO TANI

TOKYO -- Nippon Steel's CEO said his company's $14 billion acquisition of U.S. Steel can help America regain its manufacturing clout in Washington's continuing battle with China for global economic leadership.

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