The rally follows Trump’s reversal last week on his earlier pledge to block Nippon Steel’s acquisition of Pittsburgh-based US Steel, announcing instead a “partial ownership” deal.

At least half a dozen Republican lawmakers have argued for months that the agreement would be a way to onshore steel production and save thousands of manufacturing jobs.

President Donald Trump is returning to Western Pennsylvania on Friday to champion what he has described as a $14 billion partnership between U.S. Steel and Japan’s Nippon Steel. Trump promised a “BIG

U.S. Steel first announced plans for the acquisition in December 2023 after another purchase offer from rival Cleveland-Cliffs was rejected.

Your guide to what Trump’s second term means for Washington, business and the world Japan’s Nippon Steel has quadrupled its investment pledge in US Steel over the next few years in a major ...

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.