What Trump's 2024 presidential election win means for Asian companies

Quick Summary:

The U.S.government has yet to approve Nippon Steel's $14.9 billion bid for U.S.

Steel, a politically sensitive deal due to opposition from the U.S.

Since 2023, LG Energy Solution and SK On have received 2.6 billion won ($1.9 million) in U.S.federal credits for making battery cells in the United States, according to Reuters' calculation based on their stock exchange filings.

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Article Details

Category: BusinessFinance

Markets: IndiaChinaJapanSouth KoreaMexicoTaiwanUnited States

Topics: Trump US Steel Nippon Steel Labour unions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 12:31:00 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 893 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23458282

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 307 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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