Steelmaking titans U.S. Steel and Tokyo-based Nippon Steel will soon enter a partnership, President Donald Trump said Friday, providing scant details on the deal between both companies, which had their 2023 merger blocked under the Biden administration.
Trump announced the deal Friday afternoon. (Photo by Jeff Swensen/Getty Images)
Getty ImagesTrump said the partnership between U.S. Steel and Nippon Steel “will create at least 70,000 jobs” and generate $14 Billion for the economy, adding the majority of the investment will take place in the next 14 months.
Trump, who did not characterize the deal as a merger, said U.S. Steel will remain in the U.S. under the agreement.
This is a developing story. Check back for updates.
Revealed – top underwriting agencies in Australia for 2025 Insurance Business Source Read More
To read the full article click below: Volunteers describe 'wonderful' DIY SOS Southampton experience BBC Source Read More
Learn How to Make Combat System in Unreal Engine with This Free Tutorial 80 Level Source Read More
Sophie Rain Claims She’s a Virgin — And Made More Than Le... ComplexOnlyFans model earned over… Read More
#Whatshappening: Knights of Columbus Christmas Craft Fair December 6 County 10 Source Read More
To read the full article click below: How to watch BYU vs. Vanderbilt women’s basketball:… Read More
This website uses cookies.