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.
Prince and Princess of Wales release video for George’s 13th birthday The TimesPrince George enjoys coastal… Read More
To read the full article click below: How to Be Outside, Inside Featuring DJ MoreSoupPlease Okayplayer… Read More
You never want to sleep on a good life hack because they can make things… Read More
To read the full article click below: But there are signs of friction. A clear… Read More
According to a Bloomberg report, OpenAI is working on its own smart speaker, which is… Read More
*This content was translated by AI.'Normal' Teaser Ad /Photo=BTS X (Twitter) Fan AccountU.S. Newspaper Featuring… Read More
This website uses cookies.