Nippon Steel, Japan's biggest steelmaker, said on Thursday its proposed acquisition of U.S. Steel fitted President Donald Trump's goal of a stronger United States as the leaders of the two allies prepared to meet.

Nippon Steel's acquisition of U.S. Steel faces obstacles due to political dynamics and national security concerns, as its bid aligns with Trump's economic goals but was blocked by Biden. The deal's future remains uncertain with legal challenges and political negotiations ongoing amid global expansion plans.

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.

Nippon Steel , Japan's biggest steelmaker, said on Thursday its proposed acquisition of U.S. Steel fits with President Donald Trump's goal of a stronger United States as the leaders of the two allies prepared to meet.

Nippon Steel Corp. and United States Steel Corp. claimed former President Joe Biden unfairly prejudged their $14.1 billion merger and gave the companies no chance for feedback on a “sham” national security review before he blocked the deal.

Nippon Steel (JP:5401) and U.S. Steel (X) are trying to save their $14.9 billion merger deal by filing an opening brief in the U.S. Court of

Nippon Steel and U.S. Steel are asking a court to lift the block of their $14.9 billion merger. The steelmakers filed their opening brief in the U.S. Court of Appeals for the District of Columbia Circuit against former President Joe Biden and the Committee on Foreign Investment in the United States.