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Nippon Steel has bolstered its pledge to invest in U.S. Steel in the event that President Donald Trump approves the Japanese company’s proposed $14.1 billion takeover.

Nippon Steel plans to invest $14 billion in U.S. Steel if the Trump administration approves the merger of the companies, Reuters reported.

Japanese logistics company Nissin said Bain Capital will buy its shares from shareholders for it to go private through a management buyout, in a deal worth about $756 million.

The new U.S. ambassador to Japan arrived in Tokyo on April 18 and said he is optimistic that his country and its key Asian ally will reach a deal in their ongoing tariff negotiations.

Preparations are underway for a second round of tariff talks to take place later this month, Japan’s lead negotiator, Ryosei Akazawa, said in Washington on April 16.

President Donald Trump said he’s joining some of his top economic advisers on April 16 for negotiations at the White House over tariffs and trade with a top Japanese official.

U.S. Steel shares dropped after President Donald Trump on consecutive days reiterated his long-held position that he doesn’t want to see the steelmaker owned by a Japanese company.

TG Natural Resources, owned by Tokyo Gas, and Castleton Commodities International, is acquiring a 70% stake in the East Texas gas assets of Chevron U.S.A. for $525 million.

Japan’s Prime Minister Shigeru Ishiba said April 1 his government is making last-ditch efforts to get President Donald Trump to exclude his country from an increase in auto tariffs.

President Donald Trump’s tariff campaign is likely to worsen inflation and raise the bar for Japanese companies to invest in the U.S., says the chair of the Japan External Trade Organization.