US EditionTrump and Nippon Steel Reach National-Security Agreement on U.S. Steel Deal
- On June 6, 2025, President Trump signed an executive order approving Nippon Steel's $14.9 billion merger with U.S. Steel after a national security agreement was finalized.
- The deal follows President Biden's January block citing national security, which led to a review and a new agreement addressing security and governance concerns.
- The agreement includes a $11 billion investment commitment by 2028, U.S. government veto power via a golden share, and production mandates to maintain blast furnace operations.
- Trump told workers there will be no layoffs or outsourcing and called Nippon Steel a "great partner" that will invest substantially in American steelmaking jobs.
- This partnership secures U.S. influence in the steel industry, projects 70,000 new jobs, and aims to revive manufacturing with a $14 billion injection into the economy.
65 Articles
65 Articles
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…
Fox Business
The New York LedgerTrump greenlights U.S. Steel deal, promising $11B investment and 100,000 American jobs
President Donald Trump issued an executive order on Friday approving U.S. Steel’s merger with Japan’s Nippon Steel through a National Security Agreement (NSA). The NSA includes a commitment to more than $11 billion in new steelmaking investments in the United States by 2028 and the creation of more than 100,000 jobs. The deal also gives the U.S. government a "golden share" of the merger, which includes commitments to governance, domestic product…
New York., President Donald Trump signed Friday a decree authorizing the merger between the two US Steel steel giants and their Japanese rival Nippon Steel, after the companies reached an agreement on U.S. national security assurances.
(AFP) President Donald Trump signed a decree on Friday authorizing the merger between the two US Steel steel giants and their Japanese rival Nippon Steel, after companies reached an agreement on U.S. national security assurances.Read more]]>
Biden denied the deal on national security grounds, but Trump ultimately gave the green light.
Die Presse
nachrichten.atThe 18-month takeover rings have come to an end: the deal is expected to include $14.9 billion.
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