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Trump and Nippon Steel Reach National-Security Agreement on U.S. Steel Deal

  • On May 30, 2025, President Donald Trump approved the merger of U.S. Steel and Japan's Nippon Steel at a ceremony in Pennsylvania.
  • The merger follows an 18-month review including a national security agreement and a period when President Biden blocked the acquisition earlier this year.
  • The partnership entails Nippon Steel acquiring 100% of U.S. Steel with commitments for $14 billion in investment, including $4 billion for a new mill and guarantees to maintain blast furnace operations.
  • Trump stated the deal would create at least 70,000 jobs, preserve U.S. Steel’s control via a golden share with veto power, and promised no layoffs or outsourcing.
  • This merger signals a major shift in the steel industry with expected economic benefits while ensuring continued U.S. strategic influence over the company’s operations.
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The Daily GazetteThe Daily Gazette
+10 Reposted by 10 other sources
Center

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.

Lean Right

US President Donald Trump has signed an executive directive authorizing the sale of US Steel to Japanese company Nippon Steel for $14.9 billion.

·Belgrade, Serbia
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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…

·Paris, France
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  • 44% of the sources are Center
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Nikkei broke the news in Japan on Friday, June 13, 2025.
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