Daily Cuts - Nippon Steel’s pursuit of U.S Steel enters political waters
Nippon Steel’s planned acquisition of U.S. Steel has turned a new direction as US President Donald Trump wades into the deal, sowing confusion with his declaration that Nippon Steel will invest in the American company instead of an outright purchase. Andrea Heng and Hairianto Diman assess what happens next and if this could finally be the breakthrough for the deal with Lim Tai Wei, Professor, Soka University of Japan.