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President Donald Trump On Friday, an executive order confirmed the United States with the National Security Agreement (NSA) of the United States.
The NSA has an obligation of more than $ 11 billion in investments in new steel, creating more than 2028 and 100,000 jobs.
The transaction also provides the “gold share” of a combination that includes the US government management, local production and liabilities.
“This partnership will bring a massive investment to support our societies and our families to our future generations. We are doing our commitments again,” US steel and nippon steel companies said in a statement.
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Trump, on May 30, 2025, on May 30, 2025, in Steel Irvin’s works, speaking to the supporters during a rally in Pennsylvania. President Trump, US Steel and Tokyo-based Nippon Stee visited the steel factory after reviewing the long proposed combination (Jeff Swensen / Getty Images / Getty Images)
Companies have completed the department of the U.S. justice process department and “all necessary regulatory approvals for the partnership are expected to be immediately clarified.”
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Trump’s executive order may disrupt national security risks, as the operation is still growing by the President Joe Biden When I close the deal in January 2025.
According to the latest approval of the partnership, the Committee on Foreign Investment in the United States (CFIUS) committee has the authority to take measures to protect and apply the US national security until the end of the partnership.
Last month, Trump, Nippon Steel, Pennsylvania, Western Mifflin, Steelworkers investigated the steel deal that allows the company to invest in US steel without a rally.
Former President Joe Biden, on May 14, 2024, speaks in the Garden of the White House in Washington in DC. (Tierney L. Getty Imager / Cross / Bloomberg through Getty Images)
Nippon Steel first offered to buy US steel for $ 14.9 billion in 2023, but the transaction was held due to the political opposition.
Biden blocked the contract Due to the national security in January, the two companies filed a lawsuit that claimed that the CFIUS process was unfair.
The Trump administration started in April in April, and the President himself will allow the President to invest in the last month without taking the full property of the US steel.
“Steel workers” for former US President and Republican presidential candidate Donald Trump-I Pennsylvania, A campaign rally on October 19, 2024 in Arnold Palmer Regional Airport
Trump then confirmed the partnership of Nippon, who called the Blockbuster Agreement, which provides the “American company”.
Speaking at the Mon Valley Irvin Plant in Pittsburgh, Trump, “Every US steel workshop will be worthy of $ 5,000,” said Trump.
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The United States is expected to keep the name of the steel and the headquarters of the Pittsburgh, as well as the leadership team. Nippon, previously said that the United States in Pittsburgh will invest billions to improve the US steel facilities in the US Valley.
Eric Revell and Jasmine Baehr contributed to this report.
