Reported 2 days ago
President Trump is holding a rally in Pennsylvania to announce a new investment deal that would allow Japan-based Nippon Steel to partner with U.S. Steel, aiming to keep the American steelmaker under U.S. control. Originally opposed to Nippon's bid, Trump now describes the arrangement as a 'strategic partnership' that would involve significant investments in U.S. Steel facilities. While some politicians support the proposal, doubts remain regarding the specifics of the deal and its implications for U.S. control and jobs in the steel industry.
Source: YAHOO