President Trump will travel Friday afternoon to the Pittsburgh area for a rally and remarks on the "planned partnership" between U.S. Steel and Japan's Nippon Steel, which he announced last month.
“I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America, and keep its Headquarters in the Great City of Pittsburgh. For many years, the name, ‘United States Steel’ was synonymous with Greatness, and now, it will be again. This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy,” Trump said on Truth Social.
A Nippon Steel purchase of U.S. Steel was initially announced in December 2023. The Biden administration blocked the acquisition in January. Trump ordered a review of the offer in April.
Watch Trump's remarks live on Friday at 5 p.m. EDT.
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