U.S. President Donald Trump said on Friday he would not mind if Nippon Steel took a minority stake in U.S. Steel, but noted the Japanese company was considering purchases of U.S. Steel's debt. Trump's

Trump said the company agreed to invest heavily instead of owning U.S. Steel. According to the president, he will mediate and arbitrate a meeting with Nippon next week. President Joe Biden, before leaving office last month, blocked the purchase, citing national security concerns.