{"id":27619,"date":"2025-05-23T21:16:11","date_gmt":"2025-05-23T21:16:11","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-announces-partnership-between-u-s-steel-and-japan-based-nippon-steel\/"},"modified":"2025-05-23T21:16:11","modified_gmt":"2025-05-23T21:16:11","slug":"trump-announces-partnership-between-u-s-steel-and-japan-based-nippon-steel","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-announces-partnership-between-u-s-steel-and-japan-based-nippon-steel\/","title":{"rendered":"Trump announces &#8220;partnership&#8221; between U.S. Steel and Japan-based Nippon Steel"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"trump-says-u-s-steel-and-nippon-steel-will-enter-partnership--hero\" title=\"Video: Trump says U.S. Steel and Nippon Steel will enter \" partnership=\"\" data-sort-time=\"1748031927000\" data-update-time=\"1748031927000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/pittsburgh\/video\/trump-says-u-s-steel-and-nippon-steel-will-enter-partnership\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">Trump says U.S. Steel and Nippon Steel will enter &#8220;partnership&#8221;<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">00:24<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>President Trump said Friday that U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a &#8220;planned partnership&#8221; between the iconic American steelmaker and Japan-based Nippon Steel, which has sought to buy it.<\/p>\n<p>Nippon Steel&#8217;s nearly $15 billion bid to buy U.S. Steel was <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/biden-us-steel-nippon-deal\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">blocked by former President Joe Biden<\/a><\/span>. After Mr. Trump became president, it was subject to another <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/pittsburgh\/news\/us-steel-new-review-trump\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">national security review<\/a><\/span> by the Committee on Foreign Investment in the United States.<\/p>\n<p>&#8220;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,&#8221; the president <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114558783827880495\" target=\"_blank\" rel=\"nofollow noopener\">wrote on Truth Social<\/a>. &#8220;For many years, the name, &#8216;United States Steel&#8217; 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.&#8221;<\/p>\n<p>The president also said he&#8217;ll hold a &#8220;BIG Rally&#8221; at US Steel in Pittsburgh on Friday, May 30.\u00a0<\/p>\n<p>The White House didn&#8217;t immediately offer further clarification, and US Steel did not immediately respond to a request for comment.\u00a0<\/p>\n<p>Mr. Trump has levied <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-tariffs-25-percent-steel-aluminum-eu-retaliation\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">25% tariffs<\/a><\/span> on all foreign steel imports in an effort to keep industry players in the U.S.\u00a0<\/p>\n<p><em>This is a developing story and will be updated.\u00a0<\/em><\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        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&#8220;partnership&#8221;<\/p>\n","protected":false},"author":1,"featured_media":27620,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[157,937,799,386],"class_list":["post-27619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-donald-trump","tag-pittsburgh","tag-tariffs","tag-trump-administration"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump announces &quot;partnership&quot; between U.S. Steel and Japan-based Nippon Steel - World News<\/title>\n<meta name=\"description\" content=\"&amp;quot;I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America,&amp;quot; President Trump wrote Friday afternoon.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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