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Posted by
Two Blokes May 27, 2025 -
Filed in
Stock
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A deal between Nippon Steel and United States Steel Corporation (NYSE:X) is likely to move forward following comments from US President Donald Trump suggesting support for a “planned partnership” between the two companies, though analysts caution the details remain unclear. Trump said the arrangement would create “at least 70,000 jobs” and add $14 billion to the US economy, noting that US Steel would remain headquartered in Pittsburgh.
