Japan Today

Voices
in
Japan

poll

Is Japan giving away too much in the so-called "partnership" between Nippon Steel and U.S. Steel touted by U.S. President Donald Trump?

7 Comments
© Japan Today

©2025 GPlusMedia Inc.

7 Comments
Login to comment

Ask the question when we have the details.

Also, Nippon Steel should not give anything to trump.

15 ( +16 / -1 )

They are probably doing the right thing. Presidents change every 4 years, and now Nippon Steel has its foot in the door.

-4 ( +2 / -6 )

What a daft and obvious poll.

2 ( +6 / -4 )

Would one of 13 voters who voted "yes" care to explain the details of the agreement that the rest of us are unaware of? We are unaware because no news sources have published the details.

2 ( +4 / -2 )

The deal is not finalized, so impossible to judge.

However, US tariffs on Steel are 50% and the market is very important for Nippon Steel, especially as Japan and China are both shrinking at this time.

Entire steel industry busy investing in new US production capacity as result of tariffs, but also to capture favorable tax incentives, lower energy, transportation costs, etc.

Nippon Steel can build their own US based production but will take far longer with need to hire employees. Likely Nippon Steel trying to secure 'tariff' waivers while US new production capacity with US Steel being built.

Nippon Steel will only pursue this 'partnership' with US Steel if it's more profitable than going it alone with new US production, which they can easily do as well.

-5 ( +0 / -5 )

Whatever is agreed to, it could change tomorrow. No way to run a business. If Japan upholds its end, but the US doesn't, what penalties will the US pay, and who will enforce it?

0 ( +0 / -0 )

There is NO deal, it all speculative. Nothing is sign. Trump is talking out his rare end again. And only an idiot would sign. Like the headline suggest SO CALLED. Its not going to happen.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites