Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) remains committed to acquiring a full stake in US Steel (NYSE:X), Vice Chairman Takahiro Mori told Reuters on Tuesday, adding that the company is seeking a meeting with U.

Nippon Steel’s $14.1 billion bid for United States Steel Corp. is more important than ever as tariffs and rising Chinese exports reshape the global market for the metal, according to a top executive at the Japanese firm.

The efforts to push through Nippon Steel’s proposed takeover come as Japanese negotiators are seeking to lower a 24 per cent tariff on the country’s imports into the US introduced by the Trump administration. Japanese officials signalled their intent last week to hold out for a better agreement.