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.

A planned merger of the Japanese and American giants, announced in 2023, has traveled through an election, two presidents and strong union opposition.

President Donald Trump touts Nippon Steel’s partnership with U.S. Steel, calling it “a blockbuster agreement" that ensures the company “stays an American company."

President Donald Trump is scheduled to travel to Pittsburgh on Friday to herald the partnership — a move he initially opposed and pledged to block.

President Donald Trump is holding a rally in Pennsylvania on Friday to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel, which he says will keep the iconic American steelmaker under U.

Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel , backed but not yet approved by President Donald Trump, is positive for the near term, even if its hopes for strong U.

Modified agreement keeps American control while securing Japanese investment, despite previous opposition from Trump and GOP senators.

Shares of U.S. Steel just saw its third downgrade in the past week, but other companies may be in a weaker position.