President Donald Trump says that Us Steel will maintain his headquarters in Pittsburgh as part of what he called a “planned association” between the iconic American steel manufacturer and Nippon Steel, based in Japan, which has tried to buy it
Washington – President Donald Trump said Friday that Us Steel will maintain his headquarters in Pittsburgh as part of what he called a “planned association” between the iconic American Steelmaker and Nippon Steel, based in Japan, which has tried to buy it.
Nippon Steel Bid of almost $ 15 billion To buy American steel It was blocked by former President Joe Biden and, after Trump became president, subject to another National Security Review by the Foreign Investment Committee in the United States.
Trump said in a statement that “after a lot of consideration and negotiation, Us Steel will remain in the United States and maintain its headquarters in the great city of Pittsburgh.”
What Trump called a “planned association” will create at least 70,000 jobs and add $ 14 billion to the economy of the United States, said, although it was not clear what would be the terms of the agreement or who would be the owner of the United States under the agreement.
The companies did not comment immediately.
