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.
Four men guilty of Kim Kardashian jewellery heist in Paris The GuardianRobbery gang guilty of Kim… Read More
Small plane crashes into San Diego neighbourhood in 'direct hit to multiple homes' Sky News Source Read More
Craft Beautiful Clay Art Easily MSN Source Read More
Intellectual Disability Health Capability Framework Lecture Plans and Tutorial Activities Australian Government Department of Health and… Read More
To read the full article click below: 3 memory tips inspired by Eurovision's Remember Monday BBC… Read More
To read the full article click below: Retail sales see biggest rise for nearly four… Read More
This website uses cookies.