It turns out the agency had determined that "the national security risks are manageable through mitigation measures," a key step before President Donald Trump makes a final decision.
A senior White House official said in an interview with Reuters on the 22nd (local time) that "the president is reviewing the recommendations from each department and agency, and while the CFIUS decision was not unanimous, it was generally
"Most agencies believe the risks are manageable through mitigation measures," he said. This comes amid a backlash from the U.S. government over the possibility of Nippon Steel's acquisition of U.S. Steel being rejected outright for national security reasons.
According to Reuters, Nippon Steel has increased its US investment commitments by $14 billion to boost its chances of approval.
The plan includes a $4 billion new steel mill construction plan that was not included in the original plan, and is expected to boost steel production in the United States.
If the acquisition does not go through, Nippon Steel will have to pay a penalty of $565 million to USstills, and the steel
The company is also considering whether to take on the U.S. market, as its products are subject to a 25% tariff. However, the CFIUS report has not yet been made public.
On the 7th of last month, President Donald Trump ordered a review of the decision made by former President Joe Biden to not allow Nippon Steel to acquire USstills.
Based on the executive order signed by President Donald Trump last month, CFIUS has reviewed the suitability of the acquisition from a national security perspective and has released the results of that review.
The company will decide whether to accept the acquisition proposal.
2025/05/23 14:03 KST
Copyrights(C) Edaily wowkorea.jp 88