Trump To Block Japanese Firm's Takeover Of US Steel | Musk's $56Bn Tesla Pay Rejected

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  • Published On: December 03, 2024
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President-elect Donald Trump has publicly opposed Japan's Nippon Steel purchasing US Steel for 15 billion dollars. In a post on Truth Social, Trump said tax incentives and tariffs will be levied to revive US Steel and prevent it from being bought by a foreign company. In another development, a Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a whopping 56-billion-dollar compensation package. This, despite shareholders of the electric vehicle company voting in June to reinstate the package. Watch NDTV'S The World Report for the latest updates.

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