US EditionTrump and Nippon Steel Reach National-Security Agreement on U.S. Steel Deal
- On May 30, 2025, President Donald Trump approved a partnership between U.S. Steel and Nippon Steel during a visit to a plant in Pennsylvania.
- The approval followed an 18-month process marked by national security concerns, a previous block by Biden in January 2025, and bipartisan opposition.
- The companies reached a national security agreement featuring governance and production obligations, with Nippon Steel committing $11 billion in investments by 2028, part of which will fund the construction of a new steel mill costing up to $4 billion.
- Trump assured workers the deal would keep U.S. Steel in Pittsburgh, prevent layoffs and outsourcing, and that workers would receive a $5,000 bonus.
- This collaboration is expected to generate tens of thousands of new employment opportunities and contribute $14 billion to the U.S. economy, marking a renewed commitment to revitalizing the American steel industry.
97 Articles
97 Articles
The Avery Journal-Times
US Steel, Nippon partnership proceeds with security deal, 'golden share'
The partnership between US Steel and Nippon Steel has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called "golden share" advantage obtained by President Donald Trump's administration.
Biden's Incompetent Handling of US Steel Acquisition - Real News Now
Former US President Donald Trump recently overturned an executive order placed by his predecessor, Joe Biden, who, in a show of incompetent decision-making, had dismissed the acquisition of US Steel by the Japanese company Nippon Steel. Trump’s latest order had been issued after re-evaluating the potential deal through the lens of the Committee on Foreign Investment in the United States, or CFIUS. Biden, who served in the months prior to Trump, …
US President Donald Trump has signed an executive directive authorizing the sale of US Steel to Japanese company Nippon Steel for $14.9 billion.
US President Donald Trump signed a decree on Friday 13 June on the merger between US Steel and Japanese steelmakers Nippon Steel, specifically dedicated to US national security guarantees. For Nippon Steel, which becomes the world's number 3 steel buyback, the bet is risky, with the risk of heavily in debt, in a market dominated by Chinese overproduction, where steel demand is in crisis, and where US overtaxes of 50% make the horizon very uncert…
Trump clears path for Nippon Steel investment in US Steel, so long as the Japanese firm complies with a 'national security agreement'
President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government. Trump’s order didn’t detail the terms of the national security agreement. But the iconic American steelmaker and Nippon Steel said in a joint statement that the agreement stipulates that approximately $11 billion in…
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