Former President Donald Trump has thrown his support behind the newly announced partnership between United States Steel Corp. and Japan’s Nippon Steel Corp., following a national security review by the Committee on Foreign Investment in the U.S. The decision, made public on May 23, comes with promises of job growth, economic investment, and the continued presence of U.S. Steel’s headquarters in Pittsburgh.
U.S. Steel’s Future Secured in Pittsburgh
Trump’s endorsement arrived via a statement on Truth Social, where he celebrated the outcome of “much consideration and negotiation.” “U.S. Steel will REMAIN in America, and keep its Headquarters in the Great City of Pittsburgh,” he declared, aiming to assure local communities and the broader steel industry that the historic American company will not move operations overseas.
Job Creation and Economic Impact
According to Trump, the partnership between U.S. Steel and Nippon is expected to generate at least 70,000 new jobs across the United States. The projected economic boost includes $14 billion in investment, with the “bulk of that Investment” anticipated in the next 14 months. These figures underscore the scale of the deal and its intended benefits for American workers and industry.
Trump also announced plans to appear in Pittsburgh on May 30 for an event related to the partnership, reinforcing his commitment to the region and the U.S. steel sector.
National Security Review Cleared the Way
The partnership underwent review by the Committee on Foreign Investment in the U.S. (CFIUS), the government body responsible for evaluating foreign investments for possible national security risks. The White House confirmed that Trump received the committee’s recommendation before issuing his statement. The CFIUS review was a key step, given ongoing concerns about foreign ownership and critical U.S. industries.
“I am proud to announce that, after much consideration and negotiation, U.S. Steel will REMAIN in America, and keep its Headquarters in the Great City of Pittsburgh,” Trump said.
The partnership now moves forward with high expectations for regional job growth and continued U.S. leadership in the steel industry, bolstered by a major international collaboration.
