$U.S. Steel(X)$ The U.S. Committee on Foreign Investment (CFIUS) just passed the Nippon Steel–U.S. Steel acquisition case to President Trump. Word is, while opinions within CFIUS aren’t fully aligned, most members think any national security concerns can be addressed with mitigation measures. The White House confirmed it’s received the report，now it’s Trump’s call. He’s got 15 days to make a decision, though that deadline could slip.
Let’s not forget, Biden previously blocked the deal citing national security, which led to lawsuits claiming the review process was unfair. If this deal gets approved, Nippon Steel plans to invest $14 billion in U.S. operations，$4 billion of that just for a brand-new plant. Honestly, I’m just waiting on the final word. Once the decision is out and clear，I might just go all-in. Big risk, big reward. Let’s go.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
