Russia will be slammed with sanctions if it delays peace talks further: Rubio
'Sooner the deal is reached…': Marco Rubio says Russia-Ukraine conflict can be solved diplomatically
Marco Rubio reaffirms US plan for lasting peace in Russia-Ukraine war after talks with Lavrov
'I don't think it's possible unless…': Rubio makes shocking claim on Russia-Ukraine truce talks
US Secretary of State Marco Rubio arrives in Türkiye's resort city of Antalya for NATO summit
'Until I meet Putin…': Trump drops bombshell on Russia-Ukraine peace talks
Russia attacks persist, no reply to proposal for direct peace talks in Turkey: Zelenskyy
Trump claims 'Progress' made after 2.5-hour call with Putin on Russia-Ukraine peace talks
Trump to call Putin on Monday to end 'bloodbath' in ukraine after peace talks progress
Putin agrees with Trump to work with Ukraine on memorandum on possible peace accord
Trump says it would be 'great' to have Russia-Ukraine talks at the Vatican
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Mint
an hour ago
- Mint
Trump clears path for Nippon Steel investment in US Steel, so long as it fits the governments terms
WASHINGTON — President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a 'national security agreement' submitted by the federal government. Trump's order didn't detail the terms of the national security agreement. But U.S. Steel and Nippon Steel said in a joint statement that the agreement stipulates that approximately $11 billion in new investments will be made by 2028 and includes giving the U.S. government a 'golden share" — essentially veto power to ensure the country's national security interests are protected. 'We thank President Trump and his Administration for their bold leadership and strong support for our historic partnership," the two companies said. "This partnership will bring a massive investment that will support our communities and families for generations to come. We look forward to putting our commitments into action to make American steelmaking and manufacturing great again.' The companies have completed a U.S. Department of Justice review and received all necessary regulatory approvals, the statement said. 'The partnership is expected to be finalized promptly,' the statement said. The companies offered few details on how the golden share would work and what investments would be made. Trump said Thursday that he would as president have 'total control' of what U.S. Steel did as part of the investment. Trump said then that the deal would preserve '51% ownership by Americans.' The Japan-based steelmaker had been offering nearly $15 billion to purchase the Pittsburgh-based U.S. Steel in a merger that had been delayed on national security concerns starting during Joe Biden's presidency. Trump opposed the purchase while campaigning for the White House, yet he expressed optimism in working out an arrangement once in office. 'We have a golden share, which I control,' said Trump, although it was unclear what he meant by suggesting that the federal government would determine what U.S. Steel does as a company. Trump added that he was 'a little concerned' about what presidents other than him would do with their golden share, 'but that gives you total control.' Still, Nippon Steel has never said it was backing off its bid to buy and control U.S. Steel as a wholly owned subsidiary. The proposed merger had been under review by the Committee on Foreign Investment in the United States, or CFIUS, during the Trump and Biden administrations. The order signed Friday by Trump said the CFIUS review provided 'credible evidence' that Nippon Steel 'might take action that threatens to impair the national security of the United States,' but such risks might be 'adequately mitigated' by approving the proposed national security agreement. The order doesn't detail the perceived national security risk and only provides a timeline for the national security agreement. The White House declined to provide details on the terms of the agreement. The order said the draft agreement was submitted to U.S. Steel and Nippon Steel on Friday. The two companies must successfully execute the agreement as decided by the Treasury Department and other federal agencies that are part CFIUS by the closing date of the transaction. Trump reserves the authority to issue further actions regarding the investment as part of the order he signed on Friday. Associated Press writer Marc Levy in Harrisburg, Pa., contributed to this report. This article was generated from an automated news agency feed without modifications to text.
Mint
an hour ago
- Mint
‘Gave Iran 60 days, today is 61': Trump says Iran may have ‘second chance' for nuclear deal
As Israel and Iran continued to pound each other with a barrage of missiles and drone attacks in a fresh escalation in the Middle East, United States President Donald Trump said he had given 60 days to Tehran to come to a nuclear deal, while also hinting at a 'second chance'. Urging Iran to quickly reach an agreement on curbing its nuclear program while Israel vowed to continue its bombardment, Donald Trump said, 'Two months ago I gave Iran a 60 day ultimatum to 'make a deal.' They should have done it! Today is day 61.' 'I told them what to do, but they just couldn't get there. Now they have, perhaps, a second chance!' Trump said as he asserted, 'before there is nothing left and save what was once known as the Iranian Empire.' While the US has maintained that it had no involvement in the strikes on Iran's nuclear facilities, Ian has accused the White House of being complicit in the attacks that also killed its top commanders. Trump said on his Truth Social platform that he had warned Iran's leaders that 'it would be much worse than anything they know, anticipated, or were told, that the United States makes the best and most lethal military equipment anywhere in the World, BY FAR, and that Israel has a lot of it, with much more to come - And they know how to use it.' Israel launched blistering attacks on the heart of Iran's nuclear and military structure on Friday, June 13, deploying warplanes and drones previously smuggled into the country to assault key facilities and kill top generals and scientists – a barrage it said was necessary before its adversary got any closer to building an atomic weapon. Iran retaliated late Friday by unleashing scores of ballistic missiles on Israel, where explosions flared in the skies over Jerusalem and Tel Aviv and shook the buildings below.
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First Post
an hour ago
- First Post
'Do it before it's too late': Trump asks Iran to make nuclear deal or face 'more brutal' attacks
Trump also kept the door open for negotiations on Tehran's nuclear program, as the president who boasted he had 'no wars' in his first term tries to avoid getting dragged into one in his second read more US President Donald Trump has warned Iran that it must reach a nuclear deal with Washington soon or face 'even more brutal' attacks by Israel, as he backed his ally to defend itself against Tehran's retaliation. 'There has already been great death and destruction, but there is still time to make this slaughter, with the next already planned attacks being even more brutal, come to an end,' Trump said on his Truth Social platform on Friday. STORY CONTINUES BELOW THIS AD 'Iran must make a deal, before there is nothing left… JUST DO IT, BEFORE IT IS TOO LATE,' he added. But Trump also kept the door open for negotiations on Tehran's nuclear program, as the president who boasted he had 'no wars' in his first term tries to avoid getting dragged into one in his second. Meanwhile, Iran has launched a barrage of missile attacks against Israel in a second wave of retaliatory strikes, injuring several in Tel Aviv. Explosions were also heard in the Iranian capital of Tehran after 78 died in Friday morning's attacks. Trump and Israeli Prime Minister Benjamin Netanyahu spoke over the phone late on Friday. Earlier, the president had said that he was aware of Israel's 'preemptive' strikes against Iran beforehand. The US president also attended a National Security Council meeting in the White House Situation Room as his team worked on the crisis. An aide posted a black and white picture of a grim-faced, purse-lipped Trump striding through the West Wing. Trump goes back and forth Trump said that he 'gave Iran chance after chance to make a deal.' But in a series of calls with US media later, he wavered between backing Israel's 'excellent' strikes and calling for a return to the negotiating table. 'I think it's been excellent,' ABC News quoted him as saying about Israel's offensive. 'And there's more to come. A lot more.' Then shortly afterwards he stressed the possibility of a second chance, in an interview with NBC: 'They missed the opportunity to make a deal. Now, they may have another opportunity. We'll see.' STORY CONTINUES BELOW THIS AD With inputs from agencies
