President Donald Trump travels to Pittsburgh Friday to celebrate a deal he once vowed to oppose - Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel.

The bulk of expenditures would be made in the next 14 months, he said, and it will create and save over 100,000 American jobs, including 14,000 in Pennsylvania. As part of the deal, U.S. Steel will maintain all its current operating blast furnaces at full capacity for at least the next 10 years.

President Donald Trump touted a "blockbuster agreement" between U.S. Steel and Japanese company Nippon Steel that he said would keep the U.S. steelmaker in Pittsburgh.

Steel producer’s plans include one new electric arc furnace, the restart of another and capacity expansion at a third mill.

Nippon Steel, became murkier the day before President Donald Trump prepares to herald the partnership in Pittsburgh, with a White House official publicly stating that Nippon will have “no ...

Jobs and investment were top of mind for many who attended the event marking the culmination of a long-running saga that began in late 2023, when Japan’s Nippon Steel agreed to buy the 124-year-old US rust-belt employer. The $15bn deal, viewed at first as a win-win for the US and Japan, soon became a political flashpoint.

Mr. Trump celebrated what he calls a partnership between U.S. Steel and Japan-based Nippon on Friday, sharing details about commitments in the partnership and increased tariffs on imported steel.

Japan's chief tariff negotiator said Sunday that his U.S. counterpart had not touched on President Donald Trump's decision to double tariffs on steel and aluminum to 50 percent during their talks in Washington late last week.