Trump Makes Deal of a Lifetime for US Steel
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President Donald Trump’s pivot to champion Nippon Steel Corp.’s bid to buy US Steel Corp. raises the prospect of fresh positive momentum for Japan’s sluggish negotiations with the US over tariff relief.
United Steelworkers raises concerns about Nippon Steel's partnership with U.S. Steel, seeking clarity on investment plans and workforce impact.
President Donald Trump cleared Nippon’s bid for U.S. Steel on Friday, referring to the deal as a “partnership.”
For Japan's top steelmaker, U.S. Steel is central to its global expansion strategy at a time when domestic demand is declining.
Is President Trump nationalizing United States Steel? The question arises after the president advised that the “partnership” between the industrial icon and a Japanese steelmaker would leave the firm “controlled by the United States,
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What remains of U.S. Steel's footprint locally is centered in the Mon Valley. With the sale to Nippon on the table, many local leaders are pondering what the future looks like either with or without U.