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Washington – President Trump holds a joint press conference with Japanese Prime Minister Shigeru Ishiba on Friday, since Japan Nippon Steel expects the Trump administration to allow an offer of $ 14.1 billion so that American steel progresses, despite the Mr. Trump’s Previous promise To block the treatment.
Trump told reporters on Friday that he has not changed his mind in Us Steel, but multiple sources said he is considering allowing Nippon Steel of Japan to complete his acquisition of Us Steel. The approval of the transaction is not definitive, and Trump has not made a final decision, the sources say.
Trump met with the CEO of Us Steel, David Burritt, at the White House on Thursday. The Biden administration blocked the sale of US steel To Nippon Steel last month. Us Steel and Nippon Steel have filed demands on the administration of the administration to prevent Nippon Steel from taking over their rival company based in Pittsburgh.
“The United States is proud of our long and close alliance with Japan, and it is time for a new era of the US Japan relations. Administration to journalists in a phone call. “Our two nations will continue to work together to ensure that we will deter threats in the region through our full range of military capacities.”
Friday is the first meeting in the person of Mr. Trump with Ihiba.
Manadel and/AFP through images
Trump’s appearance with Japanese prime minister is his second meeting and joint press conference with a foreign leader this week. On Tuesday, Trump received Israeli Prime Minister Benjamin Netanyahu, and said the United States wants take control of and “possess” the strip of Gaza.
It is likely that Ishiba seeks to persuade Trump to place any tariff on Japanese goods, since Trump exercises his authority to slapped tariffs on the nations he believes are not treating the United States fairly.
The United States and Japan have close financial links, and Japan is the largest source of foreign direct investment in the United States.
A superior administration official said that the issues of their discussion will include training exercises and growing cooperation in defense equipment and technology, foreign investment in the United States, energy exports and ways to increase cooperation in space companies, among others things.
Trump approached former Japan Prime Minister Shinzo Abe, who was killed in 2022. Mr. Trump received Abe’s widow at his Mar-A-Lago farm in December.
That: President Trump celebrates a press conference with Japanese Prime Minister
Date: Friday, February 7, 2025
Time: After 1 pm et
Location: White House
Online transmission: Live in CBS News in the video player above and on your mobile or transmission device.
Jennifer Jacobs and
contributed to this report.