** United States Steel X.N rises 1% to $52.50 premarket
** Donald Trump, in a post on Truth Social, expressed support for Nippon Steel's 5401.T $14.9 billion bid for co
** Planned partnership will create ~70,000 jobs, add $14 bln to U.S. economy, Trump said
** Added bulk of investment would occur in next 14 months
** Nippon Steel declined to comment on investment and timeline cited by Trump
** It remains unclear whether "partnership" refers to full acquisition of U.S. Steel
** About 8% of X's float was sold short as of May 27, per LSEG-compiled data
** YTD, X rises 53%
(Reporting by Abhinav Parmar in Bengaluru)
((abhinav.parmar@thomsonreuters.com))
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