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.
UK national newspapers front pages from today Newsworks Source Read More
To read the full article click below: If you need help with the Public File,… Read More
Catch up with the most important stories from around Europe and beyond in this Euronews… Read More
With the TP-LinkBox 7, TP-Link is launching its first router designed exclusively for the German… Read More
monticello/Shutterstock Google Chrome stands out… Read More
Want to get people to talk about Taylor Swift on the record? Good luck. The Washington… Read More
This website uses cookies.