President Donald Trump on Sunday made an awkward error as he attempted to describe a deal that would pave the way for Nippon Steel to invest heavily in U.S Steel, but botched the name of the Japanese company.
“They’re going to invest billions of dollars in steel, and it’s a good company, Nissan’s a very good company, we’ll see,” Trump said.
Nissan, a Japanese automaker, is not involved in the deal.
Nippon Steel has been trying to purchase U.S. Steel, but President Joe Biden blocked the bid before leaving office on national security grounds.
Trump had threatened to do the same, but now says concessions by the Japanese firm mean it will be an investment and “partnership,” although many details remain unclear.
