US Steel to remain in America, form 'partnership' with Nippon, Trump says

Reuters
24 May
US Steel to remain in America, form 'partnership' with Nippon, Trump says

WASHINGTON, May 23 (Reuters) - U.S. President Donald Trump on Friday announced that U.S. Steel and Japan's Nippon Steel had agreed to form a "planned partnership" that meant the American steel company would remain in the country, headquartered in Pittsburgh.

"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 in a post on Truth Social.

(Reporting by Jasper Ward)

((Jasper.Ward@thomsonreuters.com;))

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