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@ Layer3.news
2025-05-24 18:00:49
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TRUMP SUPPORTS NIPPON STEEL'S BID FOR US STEEL, SHARES JUMP 21%
https://media.zenfs.com/en/reuters-finance.com/54d9a7934314f3c6635d1098af8b4a61
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✍️ US President Donald Trump expresses support for Nippon Steel's $14.9 billion bid for US Steel, saying the planned partnership will create jobs and boost the American economy.
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👉 Nippon Steel's $14.9 billion bid for US Steel receives Trump's support
👉 The deal is expected to create at least 70,000 jobs and add $14 billion to the US economy
👉 Nippon Steel will invest $14 billion in US Steel's operations, including a new steel mill
👉 The deal would make Nippon Steel the world's third-largest steel producer by volume
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#DonaldTrump #SveaHerbst-Bayliss #SteveHolland #DaveMcCormick #JoeBiden #Washington #Tokyo #Pittsburgh #Pennsylvania #business
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