Trump says he does not want to see US Steel go to Japan

Reuters

04-10

Trump says he does not want to see US Steel go to Japan

WASHINGTON, April 9 (Reuters) - U.S. President Donald Trump said on Wednesday that he does not want U.S. Steel Corp X.N to go to Japan, suggesting he no longer supports Nippon Steel's 5401.T bid for the American steel producer.

Shares of U.S. Steel fell 13% after the comment in trading after the market closed.

"We don't want to see it go to Japan. We love Japan, but we, you know, U.S. Steel is very special company. We don't want it to go to Japan or any other place, and we're working with them," Trump said.

(Reporting by Andrea Shalal)

((Chris.Sanders@thomsonreuters.com; +1 202-558-8254; Reuters Messaging: chris.sanders.reuters.com@reuters.net))

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