US-Japan steel deal?

美日钢铁协议?

World Business Report

新闻

2025-05-28

26 分钟
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Japanese-owned steelmaker Nippon Steel is expected to close its “partnership” with U.S. Steel at $55 per share, as the US media have reported. On Friday, last week, President Donald Trump said that he has cleared the deal. We hear from Chris Kelly, the Mayor of West Mifflin, a steel town in Pennsylvania. Zimbabwe's president, Emmerson Mnangagwa, has signed into law a contentious bill that requires all drivers to buy a car radio licence before a vehicle can legally be on the road. And Rahul Tandon hears how one woman’s quest to buy only US made goods has been surprisingly difficult.
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  • Hello and welcome to World Business Report from the BBC World Service.

  • I'm Rahul Tandon.

  • On this edition, how easy is it to be patriotic and only buy goods made in your country?

  • Quite difficult, it seems.

  • And I said, well, if I'm going to be working with manufacturers,

  • the least I can do is support them by buying things made in USA.

  • So I said, I'm going to buy everything made in the US.

  • And I had to quickly backtrack on that one.

  • and why playing the car radio is set to become much more expensive in Zimbabwe.

  • But let's start the programme by talking about steel and a possible merger that looks

  • like it is about to go ahead.

  • We're talking about Japan's largest steelmaker, Nippon Steel,

  • and its $15 billion plans to take over US steel.

  • They were, of course, put on hold by President Biden,

  • but President Trump in the last few days has now given the plans a green light.

  • It'll be controlled by the United States.

  • Otherwise, I wouldn't make the deal.

  • I went to the unions, to all of the local unions.

  • They all wanted it.

  • And I'm doing it because all of the congressmen came in, about five of them.