Trump approves Nippon Steel investment in US steel, ending saga...

added a post in International

2025-05-24 01:45:20 -

Trump approves Nippon Steel investment in US steel, ending saga over foreign ownership of national asset

Donald Trump has approved Nippon Steel's investment in US Steel, a move celebrated by the company and expected to boost the American economy by $14 billion and create 70,000 jobs. Despite initial union concerns and previous blockage by Joe Biden over national security, the partnership is moving forward.

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