(File Photo: Source for Photo: A person walks past a Nippon Steel Corporation sign at the company headquarters Tuesday, Jan. 7, 2025, in Tokyo. (AP Photo/Eugene Hoshiko)

Noah Haswell, Beaver County Radio News

(Tokyo, Japan) Nippon Steel of Japan is continuing to try to purchase U.S. Steel. According to a report from Nikkei Asia, the president of Nippon Steel said that turning U.S. Steel into a wholly-owned subsidiary is the negotiation starting point. However, President Donald Trump has a different outlook, because he does not want U.S. Steel to be owned by a company that is not American. If U.S. Steel becomes a subsidiary, it would be a part of the Japanese steel company.