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US Steel to remain in America, form 'partnership' with Nippon, Trump says
- Donald Trump announced on May 23, 2025, that U.S. Steel will remain headquartered in Pittsburgh through a new partnership with Japan's Nippon Steel.
- The partnership follows years of negotiation after Nippon's 2023 acquisition attempt was blocked by former President Biden due to concerns over foreign control.
- The joint venture seeks to honor U.S. Steel’s legacy, increase steel output, generate a minimum of 70,000 new employment opportunities, and attract $14 billion in investment within the upcoming 14 months.
- Trump called the deal the "largest economic boost in Pennsylvania's history" and emphasized that his trade policies helped keep steel "made in America."
- The partnership reinforces U.S. Steel’s role in American manufacturing and is expected to hold political significance in industrial swing states during the intensified 2024 election season.
99 Articles
99 Articles
U.S. Steel to Form ‘Partnership’ With Nippon Steel
President Trump announced on Friday what appeared to be a go-ahead for a long contemplated tie-up between U.S. Steel and its Japanese rival, Nippon Steel. “This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy,” Mr. Trump wrote on social media. “The bulk of that Investment will occur in the next 14 months.” No terms of the deal were…
Trump announces "planned partnership" of U.S. Steel, Nippon Steel
WASHINGTON, May 23 (Xinhua) -- U.S. President Donald Trump announced on Friday that there will be a "planned partnership" between U.S. Steel and Nippon Steel, with substantial investment from the Japanese manufacturer in the U.S. company. Read full story
Trump Announces US Steel–Nippon Partnership Deal
WASHINGTON—President Donald Trump announced on May 23 that he has approved the “planned partnership” between U.S. Steel and Japan’s Nippon Steel, stating that the company will stay in Pittsburgh and is expected to create at least 70,000 jobs. “I am proud to announce that, after much consideration and negotiation, U.S. Steel will REMAIN in America, and keep its Headquarters in the Great City of Pittsburgh,” Trump wrote on Truth Social. “For many …
Trump Announces US Steel–Nippon Partnership Deal - The Thinking Conservative
Trump approved “planned partnership” between U.S. Steel and Japan’s Nippon Steel. Company will stay in Pittsburgh and create at least 70,000 jobs. The post Trump Announces US Steel–Nippon Partnership Deal appeared first on The Thinking Conservative.
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