US President Donald Trump Thursday said it was “hard” for him to agree to sell US Steel to Nippon Steel, but that he “feels better” about the Japanese giant acting as an investor instead.
“For a foreign country to buy that cherished US Steel brand, that’s hard for me to do,” Trump, who is reviewing Nippon Steel’s proposed takeover after it was blocked by the previous US administration, told a televised cabinet meeting. “They’re coming back as an investor. And you know, I feel better about that I guess.”
