(The Center Square) – From a crowded mill in West Mifflin, Pa., on Friday, President Donald Trump said a $14 billion merger will shore up the American steel market and bolster national security.
He made the comments at a rally to celebrate the deal between U.S. Steel and Japanese-owned Nippon Steel, nearly 18 months after the foreign competitor first proposed the idea.
The development is an about-face for both the president and the former Biden administration, who both worried that unfair Chinese trade practices had made the domestic steel market unstable.
From President Trump’s remarks in Pittsburgh, PA on May 30, 2025
This article was originally published at www.thecentersquare.com
