Trump says US Steel will keep HQ in Pittsburgh in a sign he'll approve bid by Japan-based Nippon
Donald Trump indicated a potential approval of Nippon Steel's investment in U.S. Steel, suggesting a "planned partnership" that would keep the headquarters in Pittsburgh. While the specifics remain unclear, the deal aims to add $14 billion to the U.S. economy. Investors reacted positively, driving up U.S. Steel's shares, despite previous opposition and ongoing national security reviews.
The Insiders
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Donald Trump indicated a potential approval of Nippon Steel's investment in U.S. Steel, suggesting a "planned partnership" that would keep the headquarters in Pittsburgh. While the specifics remain unclear, the deal aims to add $14 billion to the U.S. economy. Investors reacted positively, driving up U.S. Steel's shares, despite previous opposition and ongoing national security reviews.
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