The president claims the $14 billion agreement will be controlled by the United States and create 70,000 jobs.

Many aspects outlined by McCormick and Trump have been floated previously by Nippon Steel, but Nippon Steel isn't saying if it's agreed to this deal.

President Donald Trump announced a partnership between U.S. Steel and Japanese steelmaker Nippon that he says will keep the headquarters in Pittsburgh and draw $14 billion in investment toward the US economy.