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August 31, 2025
 

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STEEL

A worker walks in front of rolls of steel at a steel company in Monterrey, Nuevo Leon, Mexico, on Tuesday.
BUSINESS / Markets
Feb 12, 2025
Canada, Mexico and EU slam 'unjustified' Trump steel tariffs
The European Union and Canada vowed to firmly retaliate against the tariffs.
U.S. President Donald Trump holds a signed executive order on tariffs on aluminum imports in Washington on Monday.
BUSINESS / Economy
Feb 11, 2025
Trump sets 25% tariffs on steel and aluminum, heightening trade war
The move would fulfill what the most extreme trade protectionists have sought for years.
On Sunday, U.S. President Donald Trump told reporters that U.S. Steel would remain American.
BUSINESS / Companies
Feb 10, 2025
Nippon Steel goes quiet after U.S. Steel deal seemingly nixed for good
Comments over the weekend by U.S. President Donald Trump and Prime Minister Shigeru Ishiba point to the U.S. steelmaker remaining American.
U.S. President Donald Trump speaks to reporters aboard Air Force One, en route to New Orleans to attend the Super Bowl, on Sunday.
BUSINESS / Companies
Feb 10, 2025
Trump says Nippon Steel cannot have a majority stake in U.S. Steel
Prime Minister Shigeru Ishiba also appeared to have discussed a revised plan with Nippon Steel before presenting it to Trump at their recent summit.
A worker welds at a steel manufacturing facility in Mexico City on Thursday.
BUSINESS / Economy
Feb 10, 2025
Trump to announce 25% steel and aluminum tariffs in latest escalation
Trump, speaking to reporters on Air Force One on his way to the Super Bowl in New Orleans, said he will announce the new metals tariffs on Monday.
Prime Minister Shigeru Ishiba and U.S. President Donald Trump hold a joint news conference in the East Room of the White House in Washington on Saturday.
JAPAN / Politics
Feb 9, 2025
Ishiba says Trump didn't push defense spending hike or discuss tariffs
Ishiba also echoed Trump's pledge to help mediate a move by Japan’s Nippon Steel to invest in U.S. Steel rather than purchasing the American company.
Nippon Steel's pursuit of U.S. Steel has stretched on for more than a year, with U.S. President Donald Trump vociferously condemning the proposal on numerous occasions, before Friday's more tempered remarks at the Oval Office with Prime Minister Shigeru Ishiba at his side.
BUSINESS / Companies
Feb 8, 2025
Trump says Nippon Steel will invest in U.S. Steel, not buy it
It was unclear if the investment referred to a new deal structure and what the details of the transaction would be.
David Burritt, president and chief executive officer of U.S. Steel, in Detroit in September
BUSINESS / Companies
Feb 7, 2025
Trump meets U.S. Steel CEO as Nippon Steel hopes to save deal
The meeting took place one day before Trump is due to meet with Prime Minister Shigeru Ishiba.
United Steelworkers President David McCall
BUSINESS / Companies
Feb 6, 2025
Union chief files motion to dismiss suit by U.S. Steel and Nippon Steel
United Steelworkers called the U.S. Steel and Nippon Steel lawsuit a "frivolous and unsubstantiated attack" on the union.
Nippon Steel and United States Steel said in an opening brief Monday that the Committee on Foreign Investment in the United States violated their due process rights last year by allowing "virtually no substantive engagement” with the companies.
BUSINESS / Companies
Feb 4, 2025
Nippon Steel and U.S. Steel blast Biden's 'sham' merger block
While Biden is no longer in office, President Donald Trump has expressed his own opposition to the deal.
US Steel’s Mon Valley facility in Pennsylvania. Activist investor Ancora Holdings Group has nominated nine candidates for U.S. Steel’s board and is pushing for the company to abandon a takeover by Nippon Steel.
BUSINESS / Companies
Jan 27, 2025
Ancora seeks U.S. Steel board revamp and end to Nippon Steel deal
The Cleveland-based activist investor intends to push U.S. Steel to end litigation aimed at rescuing the Nippon Steel deal and instead collect a $565 million breakup fee.
U.S. Steel’s Edgar Thomson Steel Works in Braddock, Pennsylvannia, in 2019. Nippon Steel and U.S. Steel face significant legal challenges in their case against the United States.
BUSINESS / Companies
Jan 15, 2025
Nippon Steel’s case against Biden probably unwinnable, attorneys argue
A U.S. president's rejection of a deal following review by the Committee on Foreign Investment in the United States has only been successfully challenged once.
Cleveland-Cliffs is reportedly in talks with North Carolina-based steelmaker Nucor to acquire U.S. Steel.
BUSINESS / Companies
Jan 14, 2025
Japan avoids commenting on Cleveland-Cliffs CEO's provocative comment
Lourenco Goncalves’ remarks over Nippon Steel’s takeover bid for U.S. Steel and description of Japan as being "evil" stunned many in Tokyo.
Cleveland-Cliffs and Nucor may launch a joint bid for United States Steel after Nippon Steel's bid was blocked by U.S. President Joe Biden earlier this month.
BUSINESS / Companies
Jan 14, 2025
Cleveland-Cliffs and Nucor consider joint bid for U.S. Steel
An offer would involve Cleveland-Cliffs acquiring most of U.S. Steel and Nucor taking its so-called mini-mill assets, a source says.
The exterior of a blast furnace building run by Nippon Steel in Kashima, Ibaraki Prefecture.
BUSINESS / Companies
Jan 12, 2025
U.S. delays enforcement of order blocking Nippon Steel-U.S. Steel deal
The delay will give the courts time to review a legal challenge brought by parties earlier this month against Biden's order.
Nippon Steel CEO Eiji Hashimoto speaks to reporters about its lawsuit against the U.S. government on Tuesday.
BUSINESS / Companies
Jan 7, 2025
Nippon Steel committed to long-shot lawsuit against U.S. government
Eiji Hashimoto, the steelmaker's CEO, says he is convinced that litigation is the “best course of action” in response to the blocking of its acquisition of U.S. Steel.
Nippon Steel and U.S. Steel sued the U.S. government Monday for blocking the merger of the two companies.
BUSINESS / Companies
Jan 7, 2025
Nippon Steel and U.S. Steel sue U.S. government for blocking deal
The suit argues that the two companies were denied due process and that the $14.9 billion transaction was blocked for political reasons.
Some people are questioning the U.S. decision to block Nippon Steel’s takeover of U.S. Steel, citing the lack of clear evidence of any national security risk from Japan — a country that hosts over 50,000 U.S. troops and relies on America for defense.
COMMENTARY / Japan
Jan 7, 2025
Biden's Nippon Steel move: A troubling snub of a key ally
Preventing the takeover of U.S. Steel is bad enough. Declaring Japan a national security risk is worse.
Nippon Steel had touted the takeover of U.S. Steel as a lifeline for a company that is long past its heyday, but opponents warned that the Japanese owners would slash jobs.
JAPAN
Jan 6, 2025
Ishiba warns blocked U.S. Steel deal could impact investments
Prime Minister Shigeru Ishiba said that U.S. President Joe Biden's decision had sparked worries over future Japanese investments in the world's largest economy.
A drone view shows Gary Works, the largest integrated steel mill in the U.S., which is operated by U.S. Steel, in Gary, Indiana, on Dec. 12.
BUSINESS / Companies
Jan 6, 2025
Rival CEO allegedly spread doubt about Nippon Steel deal to Wall Street
The private remarks the CEO made throughout 2024 about the deal process show the extent of his effort to cast doubt.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
Top Japan trade negotiator canceled U.S. trip over rice, report says
Ryosei Akazawa
Most Japanese teens struggling with school find end of summer ‘painful’
Some 93.1% of Japanese teenagers who struggle with school life said they felt like they “wanted to disappear from the world" at the end of summer vacation ahead of the start of a new term, according to a recent survey released by Yokohama-based nonprofit Daisan Kazoku.
Most Trump tariffs are not legal, U.S. appeals court rules
Workers hang a large poster of U.S. President Donald Trump on the facade of the Department of Labor headquarters building in Washington on Wednesday.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
Japan is warming up to tattoos — just not permanent ones
Tattoos have a complex history in Japan, but new types of temporary ink are letting locals curious about body art experiment without the commitment.
YouTube Music Weekend is where Japan’s internet-born performers go global
Headlining the second day of YouTube Music Weekend is Vocaloid artist Kikuo, who, with 1.46 million YouTube subscribers, is one of the most popular artists in the genre.
Japan looks to build drone ‘shield’ in record defense budget request
A group of Ground Self-Defense Force service members discuss drone operations and capabilities at a joint static display during the Orient Shield 24 opening ceremony at the Yausubetsu Training Area in Hokkaido in July last year.
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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By Alex K.T. Martin

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