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A Water Tower Edgar Thomson in the US Steel Corps, works in a steel mill working steel mill on September 4, 2024 in Pennsylvania Braddock.
Justin Merriman | Bloomberg | Getty pictures
President Donald Trump cleaned the merger on Friday Steel us and Nippon steelAfter gaining the previous proposal of the Japanese steel producer, the US opponent was blocked in national security grounds.
“This will create at least 70,000 jobs and will add $ 14 billion to the US economy and add $ 14 billion to the US economy,” Trump Social Media Platform The truth is social.
The President will remain in Pittsburgh and remain in the investment field. US steel stocks increased by more than 20% per share after the announcement of Trump.
President Joe Biden received Nippon Steel to $ 14.9 billion in January, nippon steel received $ 14.9 billion National Security Concerns. Biden said the time was the moment he created a risk to provide the purchase of critical chains to the United States
Trump, but ordered The newly reviewed review In April to determine “there is more action on this issue” by directing the Foreign Investment Committee in the United States.
Trump said he would hold a rally in US steel in Pittsburg on May 30.
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