Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Trump Signs “America First Arms Transfer Strategy” to Prioritize U.S. Weapons Sales 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Instagram Outage Disrupts Thousands of U.S. Users 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
TrumpRx.gov Highlights GLP-1 Drug Discounts but Offers Limited Savings for Most Americans 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
U.S. President Donald Trump reaffirmed his opposition to Nippon Steel’s $15 billion bid to acquire U.S. Steel, stating that a foreign company should not control such a strategic American asset. His remarks, made aboard Air Force One on Sunday, echo similar comments from last week that triggered a 7% drop in U.S. Steel’s shares.
The deal, announced in December 2023, has faced political and regulatory hurdles from the outset. Trump’s latest comments come amid ongoing discussions between U.S. Steel and Nippon Steel, which claim they are collaborating with the administration to secure a major investment while addressing national interests.
In Tokyo, Japanese Prime Minister Shigeru Ishiba addressed the controversy during a parliamentary session, acknowledging legal complexities under U.S. law and emphasizing the need to balance American control with Japanese interests. “There must be a point where U.S. Steel remains American, yet Japanese goals are met,” Ishiba stated, referencing his February meeting with Trump.
The acquisition has become a central issue in the 2024 and 2025 political landscape, especially in Pennsylvania, where U.S. Steel is headquartered. Both Trump and then-President Joe Biden previously expressed support for keeping the company under U.S. ownership to appeal to swing-state voters.
In January 2025, President Biden formally blocked the Nippon Steel takeover, citing national security concerns. The involved parties swiftly filed a lawsuit, arguing that the review process was biased and politically motivated, aimed at influencing voter sentiment ahead of the election.
As national security and economic competitiveness remain top priorities, the fate of the Nippon-U.S. Steel deal continues to hang in the balance, with legal challenges and political scrutiny intensifying.
