U.S. President Donald Trump on Friday expressed support for Nippon Steel's $14.9 billion bid for U.S. Steel, saying their "planned partnership" would create jobs and help the American economy. Shares of U.

U.S. Steel will officially remain a Pittsburgh icon after President Trump said he approves of its $14.9 billion merger with a Japanese competitor.

President Donald Trump’s pivot to champion Nippon Steel Corp.’s bid to buy US Steel Corp. raises the prospect of fresh positive momentum for Japan’s sluggish negotiations with the US over tariff relief.

Modified agreement keeps American control while securing Japanese investment, despite previous opposition from Trump and GOP senators.

President Donald Trump said he would double duties on steel imports, a move that threatens to deepen his tariff war with US trade partners. DW has more.

Former President Joe Biden and President Donald Trump don’t agree on much, but they both agreed that they should block the sale of US Steel to Japan’s Nippon Steel, feeling that a great American company should not have foreign ownership.