Trump Approves Nippon Steel US Acquisition Amid Pressure from GOP Lawmakers
President Donald Trump has reversed his campaign pledge to block the sale of U.S. Steel to Japan’s Nippon Steel, following intense pressure from a group of Republican lawmakers. The deal, which will see Nippon Steel investing $14 billion in U.S. Steel’s infrastructure and retaining its American ownership structure, aims to create at least 70,000 jobs … Read more