President Trump travels to Pittsburgh after announcing details of a new plan for U.S. Steel. Following a nearly 15 billion dollar bid by Japan’s Nippon Steel to buy U.S. Steel, the president announced that the Pennsylvania-based company “will remain in America” and keep its headquarters in Pittsburgh. The agreement will allow Nippon to invest in […]
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Trump to visit Pittsburgh after announcing new U.S. Steel plan
President Trump travels to Pittsburgh after announcing details of a new plan for U.S. Steel. Following a nearly 15 billion dollar bid by Japan’s Nippon Steel to buy U.S. Steel, the president announced that the Pennsylvania-based company “will remain in America” and keep its headquarters in Pittsburgh. The agreement will allow Nippon to invest in the U-S company while guaranteeing an American CEO, a majority of board members from the United States, and U.S. government approval over certain corporate functions. GC, the WH.