President Donald Trump is set to meet with the CEO of U.S. Steel on Thursday as Nippon Steel’s CEO touts its proposed bid to buy the struggling steelmaker as meeting the president’s objectives.
U.S. Steel CEO David Burritt will meet with Trump at the White House, administration officials said, according to a Reuters report.
Trump has previously expressed opposition to the deal, which former President Joe Biden blocked before leaving office.
The meeting comes as Nippon Steel said Thursday that its bid to buy U.S. Steel aligns with Trump’s goal of a stronger U.S. ahead of a meeting between the president and Japan’s prime minister.
Trump is also expected to meet with FedEx CEO Raj Subramaniam at the White House on Thursday, according to the report.
Reuters contributed to this report.
This is a developing story. Please check back for updates.