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Steelworkers are excited to hear President Trump talk about the partnership between U.S. Steel and Japan-based Nippon Steel.
President Donald Trump touted a "blockbuster agreement" between U.S. Steel and Japanese company Nippon Steel that he said would keep the U.S. steelmaker in Pittsburgh.
The Japanese firm's planned acquisition of U.S. Steel, initially floated in 2023, divided the politically important state of Pennsylvania and its heavily unionized blue-collar workforce.
President Donald Trump traveled to Pittsburgh Friday to celebrate a deal he once vowed to oppose - Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel.
18hon MSN
President Donald Trump is holding a rally in Pennsylvania on Friday to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel.
President Donald Trump is scheduled to travel to Pittsburgh on Friday to herald the partnership — a move he initially opposed and pledged to block.
A planned merger of the Japanese and American giants, announced in 2023, has traveled through an election, two presidents and strong union opposition.
The $14 billion that Nippon Steel Corp. executives have pledged to pump into the operations of U.S. Steel Corp. could weaken the U.S. steel market, two analysts noted this week—with one of them saying steel fundamentals are “in free fall.”