Reported 1 day ago
President Donald Trump has approved a partnership between US Steel and Nippon Steel, aiming to revitalize American steelmaking and manufacturing. Despite previous bipartisan opposition to the deal, which was stymied by President Biden, Trump’s support marks a potential revival for US Steel, historically a symbol of American industry. The agreement includes a national security clause, promising around $11 billion in investments by 2028 and governance commitments to ensure long-term stability.
Source: YAHOO