April 10, 2024
(press release)
–
Speaking during a joint press conference with President Joe Biden on Wednesday, Kishida said Japan continues to hope that discussion around the sale will unfold in positive ways for both sides. Japan Prime Minister Hopes for Positive Outcome to U. S. Steel Acquisition
4/10/2024 - Japan Prime Minister Fumio Kishida expressed hope Wednesday that the Nippon Steel acquisition of United States Steel Corporation will come to pass.
“Japan believes that appropriate procedures, based on law, are being implemented by the U.S. government. Japan is the largest investor to the United States. Japanese businesses employ close to 1 million workers in the United States. Investment from Japan to the U.S. can only increase upwards in the months and years to come. And we wish to cement this win-win relationship,” he said.
Biden told reporters he continues to support American workers — as well as the U.S. relationship with Japan.
“And with regard to that, I stand by our commitment to our alliance. This is exactly what we're doing,” he said.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
