Trump and Nippon Steel Reach National-Security Agreement on U.S. Steel Deal
- On June 13, 2025, President Donald Trump authorized Nippon Steel's $14.9 billion purchase of U.S. Steel by signing an order that followed the companies' agreement on national security measures.
- The deal faced prior opposition from the Biden administration, which blocked the acquisition in January 2025 citing national security concerns, and Trump initially opposed the sale before supporting it.
- Nippon Steel will acquire full ownership of U.S. Steel, pledging $14 billion in investments, including $4 billion for a new mill, while the U.S. government retains veto power through a golden share.
- Trump described the deal as a “planned partnership,” promised no layoffs or outsourcing, assured U.S. Steel would remain headquartered in Pittsburgh, and announced a $5,000 bonus for workers.
- This acquisition is expected to retain or create over 100,000 jobs, revitalize the U.S. steel industry, and signals a significant shift with ongoing union opposition and pending contract negotiations.
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234 Articles

APi Group Set to Join S&P MidCap 400
NEW YORK, June 18, 2025 /PRNewswire/ -- APi Group Corp. (NYSE: APG) will replace United States Steel Corp. (NYSE: X) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, June 24. Nippon Steel Corp. (TSE:…
After 18 months of uncertainty, Nippon Steel is allowed to buy the damaged steel manufacturer US Steel. This is made possible by an unusual agreement with the US government.
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