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.
Singer D4vd arrested in connection with teen’s murder News24Singer D4vd arrested on suspicion of murdering teenage… Read More
Turtle Beach has today unveiled the Stealth Pro II – a wireless premium gaming headset… Read More
Busy adults juggling work, family, and a crowded calendar often want beginner-friendly health improvements but… Read More
Sundance, Cannes, Comic-Con, etc. These are just some of the events movie fans can count… Read More
The full scope of the investigation was not immediately clear. Source Read More
I keep reading articles suggesting that Celtic should sign this player or that player. I… Read More
This website uses cookies.